π Why You Need a Demat Account
A Demat (Dematerialized) account is the first gateway to digital investing in Nepal. Whether you want to apply for IPOs via MeroShare or actively trade on NEPSE, having a Demat account is non-negotiable.
It stores your securities electronically — no paperwork, no physical share certificates. Just tap, track, and trade from your phone or computer.
πͺ Step-by-Step: How to Open Your Demat Account in Nepal
1️⃣ Choose a Depository Participant (DP)
DPs are authorized institutions like:
- Banks (e.g., NMB Bank, Global IME Bank, NIC Asia)
- Brokerage firms (e.g., Naasa Securities, Midas Stock)
- Merchant banks
You can visit their branch or apply online through their portals.
2️⃣ Fill Out the Demat Account Application Form
Required details include:
- Citizenship certificate or valid ID
- PAN card (optional but useful for future transactions)
- Passport-size photo
- Mobile number and email address Note: Some banks allow form submission via their mobile apps.
3️⃣ Submit KYC Documents
KYC (Know Your Customer) is a compliance step. You'll need:
- Verified ID and contact info
- Signatures on required disclosures
4️⃣ Receive Your CRN Number
After your Demat account is approved, you’ll get:
- Your 16-digit Demat number
- A CRN (C-ASBA Registration Number) — needed for MeroShare IPO applications
5️⃣ Register on MeroShare
Go to meroshare.cdsc.com.np
- Select your DP and log in with your credentials
- Use MeroShare to apply for IPOs/FPOs, track holdings, and view transaction history
π§ Pro Tips for Beginners
- Start with IPO applications — they’re lower risk and beginner-friendly.
- Enable two-factor authentication for both your email and MeroShare.
- Follow SEBON, NRB, and financial creators for updates on market trends
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