uTrade AlgosA Basic Services Demat Account (BSDA) offers a simplified and cost-effective way to invest in the Indian stock market.
Here are the key benefits of a BSDA:
- Low Initial Investment: You can open a BSDA with a minimal initial investment, making it accessible to a wider range of investors.
- Lower Maintenance Charges: The annual maintenance charges for a BSDA are significantly lower than a regular Demat account.
- Simplified Process: The process of opening and maintaining a BSDA is simpler and less time-consuming, requiring fewer documents and formalities.
- Access to a Wide Range of Investments: You can invest in a variety of securities, including stocks and mutual funds, through your BSDA.
- Easy Online Trading: With a BSDA, you can easily buy and sell shares and mutual funds online through the trading platform provided by your broker.
- Dematerialised Holdings: Your securities are held in electronic form, eliminating the risks associated with physical certificates.
By opening a BSDA, you can take advantage of the opportunities in the Indian stock market without the complexities and high costs associated with traditional investment methods.
You can easily open a BSDA with Share India. Simply complete the application forms, gather the necessary supporting documents, and send them via courier to the address provided below.
Share India Corporate Office,
A-15, Sector 64, Noida,
Distt. Gautam Buddha Nagar,
Uttar Pradesh-201301
If you need any help, you can contact our support team at 18002030303 or write to us at support@shareindia.com.
Application Forms
- Declaration for availing BSDA (PDF)
- KYC application if you don’t already have a Demat account (PDF)