NSDL - National Securities Depository Limited

What is a DP?

A Depository Participant (DP) is a link between the depositories and the investors. You can select your DP to open a NSDL demat account just like you select a bank for opening a savings account.

DP Search

You can search for your preferred city and DP from the dropdown list given below and ensure efficient
demat services tailored to your location and preferences.

List of DP Direct Connectivity CentersList of DP Service Centers

Search for DPs in

DP Name

Beneﬁts of Having an NSDL Demat Account

A few key benefits of having a demat Account are listed below:

Apply for IPOs and NFOs

Hold various instrument in your demat account viz., shares, bonds, debentures, government securities, sovereign gold bonds, etc.

Automatic Credit of Corporate Action Beneﬁts

Convert MF folios into your demat account

Avail Loan against Shares

Steps to Open a Demat Account Online

An investor can easily open a demat account online with a DP of their choice. NSDL has displayed a a list of DPs with whom investors can open a demat account online. Here are the easy steps

Click on the link
NSDLDematAccount

Choose a DP of a choice from the list displayed.

You will be re-directed to DP’s portal for opening online demat account including trading account.

Commence the process and follow the on-screen instructions, which will broadly comprise:

A

Verify your mobile number and Email ID through OTP sent on your mobile number and email ID.

B

The mobile number provided as part of KYC should preferably be the one seeded with Aadhaar to facilitate e-Signing of the document.

C

In case the KYC document is available on KRA, the same can be relied and downloaded. In case investor is new to market then Aadhaar based KYC.

D

The OVD documents comprising Proof of Identity and Proof of Address can be downloaded from DigiLocker. Normally digitally signed Aadhaar is commonly downloaded from the Digilocker.

E

SEBI registered NSDL DP verifies your PAN details including the status of PAN seeding with Aadhaar using the Income Tax Database.

F

SEBI registered DP verifies your Bank account details using Penny Drop mechanism or any other mechanism using API of the Bank or You may upload copy of signed cancelled cheque.

G

Enter details such as details of spouse, income range, Nomination / opt-out of nomination etc.

H

Take a live photograph.

I

In Person Verification / Video In Person Verification is not required in case

OTP based e-KYC
Biometric based e-KYC
Offline verification of XML file
Offline verification of Aadhaar QR Code
OVD’s downloaded from Digilocker
KYC downloaded from KRA and client consent by OTP
Documents from any other source which could be verified online.

J

Upload picture of your signature on white paper. The signature can be cropped from signed cancelled cheque or signature on a white paper submitted by the client.

K

eSign the entire KYC document using electronic/digital signature including Aadhaar eSign.

Open NSDL Demat Account Online

What is a DP?

NSDL Apex DPs

NSDL Prime DPs

Insta Demat Account with specific banks

DP Search

Beneﬁts of Having an NSDL Demat Account

Steps to Open a Demat Account Online

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