Pink Blob

Demat Account Meaning

A Demat account is used to hold shares and securities in electronic form. It facilitates easy trading by eliminating the need for physical certificates.

Pink Blob

What Is A Demat Account Number?

A Demat account number is a unique code (16 digits for CDSL, 14 digits + 'IN' for NSDL) essential for the electronic settlement of trades involving shares and securities.

Pink Blob

Demat Account Number Format

Demat account number format differs by depository. CDSL: 16 digits; NSDL: 14 digits with 'IN'. Vital for electronic share transactions and stock holding.

Pink Blob

How To Get a Demat Account Number?

To find your Demat account number, check the welcome letter from DP and alternatively, view the Demat statement, or log in to DP's online trading platform.