The Central Depository Services Limited (CDSL) on February 10, 2025, issued the notification regarding the Facility for Basic Services Demat Account (BSDA).
The following has been stated namely: -
• 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 demat account.
• Based on the data shared between the Depositories (CDSL & NSDL) as on January 31, 2025, we have obtained information about demat accounts held by BOs who are eligible for BSDA and BOs which are already marked as BSDA. Based on the information as stated above, CDSL has provided the list of active BO IDs along with holding value of securities as of January 31, 2025, who are eligible for BSDA as per following criteria:
o Demat accounts under individual category
o Value of securities held in demat account not exceeding Rs. 10 lakhs for debt and other than debt securities combined as on January 31, 2025
o One demat account of first holder across depository where verified PAN of the first holder is available. This criteria has not been applied in case of PAN exempted BO IDs
[Notification No. CDSL/OPS/DP/POLCY/2025/99]
