NISM Series VI: DOCE Exam Notes

Page 35 Of 52

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  • Basic Services Demat Account (BSDA) - a. Demat accounts under individual category and b. Value of securities held in demat account not exceeding Rs. 2 lakhs and, c. Demat accounts registered for SMART facility and, d. One demat account of first holder across depository where verified PAN of the first holder is available.
  • BSDA - No annual maintenance charges (AMC) shall be levied in case the value of holdings of debt securities is up to Rs. 1 lakh. A maximum AMC of Rs. 100 shall be levied if the value of holdings of debt securities is between Rs. 1,00,001 and Rs.2,00,000
  • BSDA - No AMC shall be levied in case the value of holdings other than debt securities is below Rs. 50,000. A maximum AMC of Rs. 100 shall be levied if the value of holdings other than debt securities is between Rs. 50,001 and Rs.2,00,000;
  • BSDA - Electronic statements shall be provided free of cost. Two physical statements, provided free of cost during the billing cycle. Additional physical statement not more than Rs.25/-
  • BSDA - At least Two Delivery Instruction Slips (DIS) shall be issued at the time of account opening.

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