BSDA i.e. Banking Services Demat Account is a special category of demat account which can be opened by only individual investors.
To open demat account of BSDA you should fulfill below 2 conditions.:-
1) Your total valuation of holdings should be Rs. 50000/- or less then Rs. 50000/-
2) You should not have any BSDA demat account with another broker or with us as only 1 BSDA demat account is acceptable.