What is the cost structure for BSDA Account?

What is the cost structure for BSDA Account?

As per SEBI directive, the charge structure will be based on value of holdings in the accounts as indicated below:

1) Holding value less than Rs.4,00,000 then No AMC.

2) Holding value between Rs.4,00,001 to Rs.10,00,000/- then Rs.100 plus GST per year.

3) Holding value exceeds Rs.10,00,000 then AMC which is Rs.400 plus GST per year.

In case the BSDA account holder convert such account into Non BSDA (regular account) account or the account holder ceases to meet the eligibility criteria for BSDA account, the charges applicable to Non- BSDA (regular account) shall be levied which is Rs 400+ GST.