InvestorQ : What are the new charges for debt securities in basic services demat accounts?
vani Patil made post

What are the new charges for debt securities in basic services demat accounts?

Answer
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Anusha Savla answered.
1 year ago


The Securities and Exchange Board of India (SEBI), recently announced that it will revise annual maintenance charges that are levied on debt securities held through basic services demat accounts. This revision will be effective June 1, 2019.

New charges:

- For debt securities worth up to Rs 1 lakh held through BSDA, there would no annual maintenance charge

- A maximum charge of Rs 100 would be levied if the value of holdings is above Rs 1 lakh and up to Rs 2 lakh.

Please note, there is no such charge for holdings valued up to Rs 50,000.