CDSL circular on -Facility for Basic Services Demat Account (BSDA)
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Issuer: CDSL
DPs are advised to refer our communiqué no. CDSL/OPS/DP/POLCY/2024/483 dated August 26, 2024, with reference to SEBI Circular SEBI Circular no. SEBI/HO/MIRSD/MIRSDPoD1/P/CIR/2024/91 dated June 28, 2024.
The list of BOs eligible for BSDA is based on checking for the criterion of 1st holder having only one demat account across the Depositories (CDSL & NSDL) and with the revised parameters of holding value of securities in demat account. Based on the data shared between the Depositories (CDSL & NSDL) as on November 30, 2025, we have obtained information about demat accounts held by BOs who are eligible for BSDA and BOs which are already marked as BSDA
Based on the information as stated above, CDSL has provided the list of active BO IDs along with holding value of securities as of November 30, 2025, who are eligible for BSDA as per following criteria:
I. Demat accounts under Individual, Non-Resident Individual and Foreign National categories and
II. Value of securities held in demat account not exceeding Rs. 10 lakhs for debt and other than debt securities combined as on November 30, 2025, and
III. One demat account of first holder across depository where verified PAN of the first holder is available. This criteria has not been applied in case of PAN exempted BO IDs.
The file with naming convention as “BLNG_BSDA_NOV2025.tar” has been kept in the respective billing folder of DPs in which following files will be available:-
- “BLNGBSDA_BOPAN_NOV2025.lst” - For eligible BO IDs for BSDA having verified PAN as per above mentioned criteria.
- “BLNGBSDA_PANEXEMPTBO_NOV2025.lst” - For eligible BO IDs for BSDA under PAN exempt category as per above mentioned criteria.
- “BLNGBSDA_MULTIPLE_ACs_NOV2025.lst” - For BOIDs which are marked as BSDA currently but having another account with CDSL and/or with NSDL (on the basis of 1 st holder PAN).
- “BLNGBSDA_FLAG_ALL ACCOUNTS_NOV2025.lst”- The file contains List of all (including BSDA opted out) BO accounts of the respective DPs, giving the details of PAN / BO ID / Date of Opening / Present BSDA flag as per CDAS (Y / N /O) / As per BSDA
- DPs can use BO modify upload for unmarking of such accounts as BSDA and inform the said BOs accordingly
In case of any clarification or assistance required in the implementation of this circular, you may contact : Kaushik Jethwa at kau...@secmark.in and 9870210171