NSDL Insta Demat Account’ is an API integration interface between the DP Banks and NSDL for opening instant Demat Account where the Client (end-investor) will be re-directed from the Bank’s net-banking portal / mobile application (using the existing login credentials provided by the Bank) to NSDL for opening of instant NSDL Demat Account.
As the Local DPM system is deployed at the premises of the Participants on a server. The Local DPM system is accessed by the Users of the Participants through Client machines. NSDL has hosted the Local DPM System on NSDL Cloud (Private Network). Participants will have the ability to access their Local DPM System on Cloud (instead of premises). Participants who opt to access ‘DPM System on Cloud’ will benefit as such Participants will not be required to:
Users of Participants will be able to create Client accounts, carry out modifications in Client accounts, access and download various reports and feeds viz., Statement of Transaction (SOT), Statement of Holding (SOH), Changed Order for the Day (COD), ISIN Master, CC calendar etc. Further, features such as Audit Trail, Instruction Search, Inquiries are available in the Local DPM System. Login to the Local DPM System will be through User ID and Password.
e-DPM system facilitates Participants for submission of time critical instructions viz. settlement, pledge, margin pledge etc which are purely transaction in nature. Users of Participants using e-DPM system will be able to perform multiple activities at the same time through e-DPM system i.e., back office files containing transaction related instructions can be concurrently uploaded through e-DPM System by various Users. Further, Users can manually capture transaction related instructions through e-DPM System.
Through technical integration as informed vide NSDL Circular No.: NSDL/POLICY/2021/0052 dated May 26, 2021. Participants will have the choice of redirecting their clients from their websites to either the NSDL IDeAS facility or directly be redirected to the e-voting page within the IDeAS facility. In case of re-direction to the IDeAS page, Clients can have access to their e-CAS and other value-added services including e-voting, post authentication.