Short answer
The Basic Services Demat Account (BSDA) is a SEBI facility for eligible retail investors. On Arrow, your demat account is held with iRage Broking Services LLP (CDSL DP).
When an account is treated as BSDA
Typically, a demat account can be categorised as BSDA when:
- You have only one demat account registered with your PAN across depositories/brokers (check via your Consolidated Account Statement).
- The value of holdings in the account stays within the BSDA limits notified by SEBI / reflected in the tariff sheet.
If you stop meeting BSDA eligibility, the account may be converted to the regular demat scheme.
BSDA charges on Arrow (from tariff sheet)
| Stock valuation (debt + other securities combined) | AMC | Transaction charges |
|---|---|---|
| Up to ₹4 lakh | Nil | Nil |
| More than ₹4 lakh but up to ₹10 lakh | Nil | Nil |
| More than ₹10 lakh | As per regular scheme | As per regular scheme |
Regular scheme (for reference)
| Client type | Yearly AMC |
|---|---|
| Individual | Nil |
| Other than individual | ₹500 |
Opting out of BSDA
If you want a regular demat facility instead of BSDA, request the change from the sole / first holder’s registered email ID with iRage Broking Services LLP (Arrow), as described in the BSDA declaration in the Account Opening Kit.
Open an account
Account opening on Arrow is free: kyc.arrow.trade.
Related: AMC slabs.
Broker details
iRage Broking Services LLP (SEBI registration INZ000011262), product name Arrow. Registered office: Gift City, Gandhinagar.
Related
- Browse more in resident individual
- Open account: kyc.arrow.trade
- Trade on Arrow: app.arrow.trade
- Support: support@arrow.trade