Open A Demat Account
How to Open Your
Demat Account ?
To open your Demat Account,you first need to select a Depository Participant(DP), of your convenience. CDSL has a host of top-notch DP's spread across the length and breadth of the country. Use our search engine below to find a DP who is located closest to your home or place of work.
Once you make your selection, you will be taken to an informative page of your chosen DP.The page will give information regarding tariff structure of the DP and service centres. You can also download comparison of tariff structures of all DPs
Advisory – KYC Compliance
- All investors are requested to take note that 6 KYC attributes i.e., Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
- Investors may contact their respective stockbrokers / depository participants for updation of details in their trading / demat account.
- The last date to update KYC is on or before June 30, 2022.
- Thereafter non-compliant trading accounts will be blocked for trading by the Exchange.
- The non-compliant demat accounts will be frozen for debits by Depository Participant or Depository.
- On submission of the necessary information to the stockbroker and updation of the same by the stockbroker in the Exchange systems and approval by the Exchange, the blocked trading accounts shall be unblocked by the Exchange on T+1 trading day.
- The demat account shall be unfrozen once the investor submits the deficient KYC details and the same is captured by the depository participant in the depository system.
- To ensure smooth settlement, the investors are requested to ensure that both the trading and demat accounts are compliant with respect to the KYC requirement.
- The investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements.