How to Find Demat Account Number in Sharekhan?

Each Demat Account number is divided into two parts – the DP ID and the Client ID. 

When an investor makes the decision to trade in online equity shares and other investment options like mutual funds, bonds, government securities, and exchange-traded funds, he can approach a Depository Participant registered with either the NSDL or the CDSL. On the completion of the documentation process, the DP opens a Demat account for the investor, either with the NSDL or the CDSL.The investor is given a Unique ID called the Demat account number in their welcome letter.

The following steps for finding demat account number in Sharekhan is as follows:

Step 1: Go to your welcome letter, if your account has been opened with NSDL, the first two characters of the Demat account number are alphabets and the following 14 characters are numerical, for example, “IN98765432123456”. 

Step 2: If the Depository Participant chooses the CDSL to open the Demat account with, the account number will consist of 16 numerals, for example, “9876543212345678”.

For instance, the demat account number “9876543212345678” opened with the CDSL, “98765432” is the DP ID and “12345678” is the unique client ID.