Comment on Account Opening Documentation & Charges

Venu 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

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