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DAN: A Reliable Tool For Investor Credential Verification

A Reliable Tool For Investor Credential Verification

Depository Account Validation (DAN) is an important tool in ensuring accuracy and security while financial transactions are being processed. NSDL DAN API streamlines the validation of essential investor details such as DP ID, Client ID and PAN through efficient API.

DAN significantly reduces errors, enhances compliance and fosters transparency in verifying investor credentials. Its availability to key entities such as Book Running Lead Managers and Syndicate Members and other SEBI Registered Intermediaries to ascertain the demat account details of the Cleints.

DAN API is a technical integration between the intermediaries and NSDL Demat Gateway which facilitates the real time validation of essential investor details.

For Product Demo or Details:
Email: product@nsdl.com

How a Registered Intermediaries can avail Depository Account Validation (DAN) service?
RIs can contact product@nsdl.com

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