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ANGEL BROKING IS ONE OF THE LARGEST RETAIL STOCK BROKING HOUSES IN INDIA IN TERMS OF ACTIVE CLIENTS on NSE as of June 30, 2020 (Source: Crisil Report)
As per SEBI circular dated August 27, 2012, Salient features of the BSDA are as follows:
- Small Investors who wish to invest or hold shares worth upto Rs.50,000/- can open a free Demat Account with zero charges and zero annual maintenance charges.
- Investors who wish to invest or hold shares worth Rs.50,000/- to Rs.2,00,000/- can open a free Demat Account with zero charges and with Rs.100/- as annual maintenance charges.
- If the value of shares holding in the BSDA exceeds the prescribed limits above at any date, the DPs / Stock Brokers may levy charges as applicable to non-BSDA accounts or regular demat accounts from such date onwards.