SEBI Raises Basic Demat Account Limit to Rs 10 Lakh to Boost Participation.

Banking & Finance

SEBI, the Securities and Exchange Board of India, has increased the limit for Basic Services Demat Accounts (BSDA) from Rs 2 lakh to Rs 10 lakh. This move aims to encourage wider participation in the securities market by reducing the cost of maintaining demat accounts for retail investors. The BSDA scheme offers reduced charges for small investors, making it more accessible for them to invest in stocks and other securities.


      Eligibility for BSDA: Single demat account, one BSDA, securities ≤ Rs 10 lakh.BSDA holders are ineligible if they trade derivatives.

     

     

 

     


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