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How do I check my Demat account online? November 12 2021Demat account opening, how to open Demat account

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How do I check my Demat account online?

In its most basic form, a demat account is a bank account/wallet for securities. If a person wants to buy securities like stocks and bonds, they must first open a demat account in their name, which allows them to store their holdings in a dematerialized or digital format. The holders of bank accounts can view their bank statements on a paper passbook or online. A demat account performs the same job. It displays a person's demat account's transaction history, allowing them to keep track of transactions and check that they have received any shares for which they have bought.

Any shares purchased by investors in India are maintained in two types of accounts that function as electronic depositories.

National Securities Depository Limited (NSDL)

Central Depository Service Limited (CDSL)

Consolidated Account Statement.

When trying to understand a demat account statement, this document is the most important part of the procedure. A consolidated account statement, often known as a CAS, is a single document that covers all transactional and investment information for mutual fund investments and depository accounts. It is, in fact, a collection of all investments and transactions done through these channels. Investors can use the CAS to comprehend their statement of demat account and to learn how to check their demat account balances and statements. It also offers complete documentation of any holdings the investor may have, as well as a consolidated view of all holdings. It also allows investors to view statements across demat accounts regardless of the broker because it is accessed using the NSDL and CDSL.

How can you access your demat account details?

All investors can now check their CAS online using the CDSL website by following the steps below:

1. Go to cdslindia.com to access the CDSL website.

2. Select 'Login' from the 'Quick Links' button on the homepage and log in to - CAS.

3. Next, type in your PAN number.

4. Next, type in your Demat Account Number.

5. Fill in any other requested information, such as your date of birth and the captcha requirements.

6. Submit your request

7. An OTP will be sent to your registered mobile number, which you can use to verify your login.

Takeaway

If you're a serious investor, you're probably always seeking for new methods to diversify your holdings. However, with a variety of depository participants to meet all types of investor appetites, investors can now diversify not just their assets, but also their investment medium. While it is unusual for a depository participant to close its doors abruptly, your shares will be safe even if they do, you may want to open demat accounts with many DPs to take advantage of the varied rates and services they provide.

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Prevent Unauthorized Transactions in your demat and trading account --> Update your Mobile Number/Email id with your Depository Participant and Stock Broker. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat/trading account directly from CDSL and Stock Exchanges on the same day.........issued in the interest of investors...

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your Mobile Number & Email Id with your Stock Broker/ Depository Participant and receive OTP directly from Depository on your Email Id and/ or Mobile Number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued by NSE vide. Circular No. NSE/INSP/45191 dated: July 31, 2020 and NSE/INSP/45534 and BSE vide Notice No. 20200731-7, dated: July 31, 2020 and 20200831- 45 dated: August 31, 2020 and dated: August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities/ MF/ Bonds in the Consolidated Account Statement issued by NSDL/ CDSL every month.

"As per the directives of CDSL and esteemed Exchanges, it has been made mandatory for every client to furnish their latest KYC details viz. Valid Mobile No., Email- Id & Income range on or before 31.05.2021 else your Account will be marked as Non Compliant and will be Freezed till the compliance of such requirement."
REGISTRATION NOS:

INDIRA SECURITIES PVT.LTD. (SEBI REG.NO.):NSE TMID: 12866, BSE TMID: 663, CDSL DPID: 17000 SEBI REG. NO.: INZ000188930, MCX TM ID: 56470, NCDEX TM ID: 01277, CDSL REG. NO.: IN-DP-90-2015, CIN : U67120MH1996PTC160201
INDIRA COMMODITIES PVT. LTD. CIN : U65921MH1995PTC089399

DISCLAIMER:

"INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING."

INVESTORS GRIEVANCE

Manoj Bhandari. Email: compliance@indiratrade.com. Call : 0731-4797275

Investors Grievance Email : complaint@indiratrade.com