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What is Basic Service Demat Account (BSDA)?
Most of the clients who don’t invest regularly in stocks, bonds, gold ETFs, IPO, etc may find maintaining our demat accounts a pain because of the charges. The costs, such as annual maintenance and statement charges, make these accounts relatively ...
What is the minimum and maximum limit for investment?
The Bonds are issued in denominations of one gram of gold and in multiples thereof. Minimum investment in the Bond shall be one gram with a maximum limit of subscription of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF), and 20 kg for ...
Is there any maximum duration one can hold "Buy Now Pay Later" stocks?
You can hold your stocks for an indefinite period.
What is the maximum amount that client can transfer to Investment Account?
If client is investing from India, under RBI's Liberalized Remittance Scheme (LRS) clients are allowed to invest up to $250,000 every year
What is the maximum time allowed to keep an NCD open?
The maturity period for an NCD depends upon issuance of the debenture e.g. 3 years, 5 years, 10 years etc. The maturity of NCD can’t be extended beyond issuance of the debenture. This gives you flexibility to choose a fixed income between short and ...