Comment on Account Opening Documentation & Charges
commented on
05 Feb 2016, 10:19 PM
Hi Gaurav,
AMC is Rs.300 p.a
You can’t open a BSDA while the other account is opened. Here’s what you’ll have to do. Open a new regular demat account at Zerodha. Transfer securities from your other demat account to your Zerodha demat account.
After transferring the securities, opt to convert your regular demat account to a BSDA account. Note that the value of holdings should be < Rs.2,00,000.
AMC on BSDA is as under:
0-50,000 = No AMC
50,000 - 2,00,000 = Rs.100 AMC
> 2,00,000 = normal AMC is applicable
You can get in touch with Karthik while you’re at our Chandigarh office who can help you get started. Good luck