What is Basic Service Demat Account (BSDA)?

• Related Articles

• Who can open a Basic Service Demat Account?

  The basic services demat account promises to provide limited services at reduced costs to retail investors. These accounts are also called no-frills or basic demat accounts. An individual—who currently has a demat account or plans to open a demat ...

• How can I convert my demat account into BSDA?

  You do not need to submit any request for converting your account into BSDA. Its an automated process wherein DP verify all the accounts to convert them under BSDA on the date of the next billing cycle based on value of holding of securities in the ...

• How do I open a DEMAT account if I already have a trading or commodity account?

  You can open a only demat account by following below process. 1.Visit www.indiainfoline.com » Click on open a trading account» Enter Basic details 2.You will receive one time password (OTP) on the mobile number. 3.You will receive link on your ...

• Can I link multiple demat account with my trading account?

  Yes. You can link multiple demat account with your Trading account.

• Is Demat account necessary to invest in these NCDs

  Having a Demat account to invest in NCDs is essential as most debentures are issued in dematerialised mode. Open a free Demat account with IIFL Securities in under five minutes and invest in various financial instruments from the app.