Zerodha - Number One Discount Broker in India
- Thread starter Traderji
- Start date
Copy pasting the requirement:
Kindly note that the clients who fulfill the following criteria can have a BSDA account:
• Only one demat account can be held at one point of time where they are the sole or first holder
• Any other demat account/s where they are not the first holder shall be eligible for BSDA in respect of
the single demat account where they are sole or first holder
• Only one BSDA account can be in his/her name across all depositories
• Value of securities held in the demat account shall not exceed Rupees Two Lakhs at any point of time
We request you to submit the attached declaration letter and the charge structure duly completed in all
respects and signed, at any of our nearest branches for our necessary action
We may inform you that the conversion of the existing Demat account into BSDA will be on the date of
the next billing cycle based on value of holding of securities in the account as on the last day of previous
billing cycle.
Requirements to convert
1.all KYC requirements to be complied on the date of BSDA request
2.Dues to be cleared till date
3.SMS alert to be active/if not, sms alert request to be given with BSDA request
4.Email updation request(Optional)
But do note on the BSDA, the depositories are charging much higher DP transaction charges upto Rs 50/debit instruction.
Kindly note that the clients who fulfill the following criteria can have a BSDA account:
• Only one demat account can be held at one point of time where they are the sole or first holder
• Any other demat account/s where they are not the first holder shall be eligible for BSDA in respect of
the single demat account where they are sole or first holder
• Only one BSDA account can be in his/her name across all depositories
• Value of securities held in the demat account shall not exceed Rupees Two Lakhs at any point of time
We request you to submit the attached declaration letter and the charge structure duly completed in all
respects and signed, at any of our nearest branches for our necessary action
We may inform you that the conversion of the existing Demat account into BSDA will be on the date of
the next billing cycle based on value of holding of securities in the account as on the last day of previous
billing cycle.
Requirements to convert
1.all KYC requirements to be complied on the date of BSDA request
2.Dues to be cleared till date
3.SMS alert to be active/if not, sms alert request to be given with BSDA request
4.Email updation request(Optional)
But do note on the BSDA, the depositories are charging much higher DP transaction charges upto Rs 50/debit instruction.
Nithin did a brilliant job talking about the common traits of all the consistent winners of the 60 day challenge at the ATMA meet in Bangalore, some really good insights. A real eye opener it was, still thinking about the 20: 80 logic, like how 20% is exercise and 80% is diet and rest for bodybuilders, similarly 20% is strategy and 80% is everything else for traders to win, and all that winners do differently for that 80%.
You have to share that on this forum, if you have a video or if you can get Nithin write the same thing down as a post, I want it for quick reference.
You have to share that on this forum, if you have a video or if you can get Nithin write the same thing down as a post, I want it for quick reference.
