The Central Depository Services (India) Limited (CDSL) on January 10, 2025, issued a circular related to the facility for basic services Demat Account (BSDA).
The list of BOs eligible for BSDA is based on checking for the criterion of 1st holder having only one Demat account across the Depositories (CDSL & NSDL) and with the revised parameters of holding value of securities in the Demat account. Based on the data shared between the Depositories (CDSL & NSDL) as of December 31, 2024, we have obtained information about Demat accounts held by BOs who are eligible for BSDA and BOs that are already marked as BSDA.
The CDSL has provided the list of active BO IDs along with the holding value of securities as of December 31, 2024, who are eligible for BSDA as per the following criteria:
• Demat accounts under individual categories and
• Value of securities held in Demat account not exceeding Rs. 10 lakhs for debt and other than debt securities combined as of December 31, 2024, and
• One Demat account of the first holder across the depository where verified PAN of the first holder is available. This criteria has not been applied in case of PAN exempted BO IDs.
[Circular No. CDSL/OPS/DP/POLCY/2025/26]
