This is to inform you that for conversion of BSDA Demat account, you will need to fulfill below conditions:

a. You should have only one Demat account.

b. You should be Sole or First Holder of Account.

c. Holding Value should be less than 2 Lacs.

 

AMC/MMC for BSDA Account Holders:

a. If Holding is less than 50,000 then AMC/ MMC will be zero.

b. If Holding is between 50,001 to 2 Lacs, then AMC will be Rs 100 + GST i.e. Rs 118.

c. If Holding is more than 2 Lacs, then AMC will be Rs 150 + GST i.e. Rs 177 and MMC will be Rs 25 + GST i.e. Rs 29.50

 

If you fulfill both of these conditions, please download, fill and courier us the below forms to convert your Demat account with us to BSDA.

  1. This is the link for the Demat Account Modification Form : https://upstox.com/files/kyc-details-change-form-for-individual.pdf 

  1. We have attached a BSDA declaration form with this article

Kindly fill the below details in Demat Modification form;

Tick on "CDSL" option

Write Client ID "_________"

Name in the First holder column

Details - BSDA

Addition/Modification/Deletion - Modification

Existing Details - Individual Account

New Details - BSDA Account 

Name and Signature in the First holder column

 

Kindly follow the below details in BSDA Declaration form;

Write Client ID "_______"

Name in First holder column and Pan number

Signature in First holder column

 

Once you fill up the form then you can send us on the below mentioned address

Abhishek Golatkar (Upstox)

30th floor, Sunshine Tower,

Senapati Bapat Marg,

Dadar (W),Mumbai : 400013

Ph: +91-22-6130-9999

 

Once the courier is received, your BSDA Demat account will be activated within 3 - 4 working days. 

If your query is still not resolved, please raise a ticket here.