CDSL notified regarding the Facility for Basic Services Demat Account (BSDA) as of February 28, 2025

Mar 11, 2025 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Central Depository Services Limited (CDSL) on March 10, 2025, issued the notification regarding the Facility for Basic Services Demat Account (BSDA).

The following has been stated namely: -

• CDSL has provided the list of active BO IDs along with holding value of securities as of February 28, 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 February 28, 2025

o One demat account of first holder across depository where verified PAN of the first holder is available. 

• The file with naming convention as “BLNG_BSDA_FEB2025.tar” has been kept in the respective billing folder of DPs.

• Data shared from November 2024 onwards, eligibility information against Opted Out accounts will not be made available.

[Notification No. CDSL/OPS/DP/POLCY/2025/165]


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