As a licensed merchant banker, we work as a Depository Participant (DP) and offer you Demat account services in order to help you convert and hold your securities in electronic or dematerialized form. With a Demat account, risks associated with holding your securities in physical certificates are eliminated, and transactions of securities are made more efficient. Moreover, Demat account makes holding your securities hassle-free with the help of its proper recording and immediate transfer facilities.
Our Depository Participant (DP) & Demat Department provides the following services:
If you wish to open a demat account with us, you can find the electronic form below. We will open a demat account in the national centralized depository and give you an account number, also known as BOID (Beneficiary Owner Identification Number), which can be used in the transaction of your securities.
A Depository Participant is an agent of CDS and Clearing Limited, who has received the registration certificate from SEBON and the membership license from CDSC.
Kriti Capital is an authorized Depository Participant (DP) Licensed by SEBON.
Demat Account is a type of account which electronically holds shares/securities of an individual/institution instead of physical certificate.
To open a new demat account, interested person will have to visit a licensed DP.
Customers will have to submit demat account opening form at DP with relevant documents (Citizenship Copy,Photograph,Birth Certificate copy incase of minor) to open a demat account along with their physical presence.
As per regulation of SEBON, individual can have maximum of two demat accounts.
DP ID is the code number for every licensed DP and Client ID is the auto created account number from the CDSC System. BOID is the combination of DP ID and Client ID.
Confirmation Letter and acknowledgement letter are the same which is auto-generated copy after entering the details in CDSC System relating to Demat account number and holder’s details.
Dematerialization is a process of converting physical securities into electronic form.
RTS or Registrar to Share, is a company appointed by the listed company (which has issued shares to public) for maintenance of their Shareholders’ details and for facilitation of shareholders’ transactions.
DRN or Demat Requisition Number is a request copy for credit and it is issued by DP.
After receiving DRN along with physical certificate it is handed over to respective RTA.
If Signature is not verified, the shares will not be deposited in the demat account. In such case, demat holder themself should visit the RTS company for necessary verification.
A seller has to give an instruction to his/her DP to transfer the securities directly into the Clearing Account of Stock Brokers once the selling information is received from the broker. The same procedure should be completed within T+2 working days. Likewise, a buyer can give the standing instruction to the DP to credit his/her account in order to receive the purchased securities. Such instruction can be given at the time of opening demat account or after opening the demat account. Else, s/he can give the instruction for each transaction.
T+2 signify the time period for the settlement of transactions traded in NEPSE. It denotes that settlement should be done within 2 working days of the transaction (buy/sell order execution).
Debit Instruction Slip (DIS) is an instrument to get shares transferred electronically from one account to another within the same Depository or Inter-Depository.
For further detail FAQ, please visit http://www.cdscnp.com/CDSC_FAQ_English.pdf
|1||Demat Account Update Form for Bank Account||Download|
|2||DMAT Request Form||Download|
|3||DMAT Account Opening Form - Individual||Download|
|4||DMAT Account Opening Form - Company||Download|
|5||Bo-Bo Transfer Form (Corporate Same Holder)||Download|
|6||BO-BO Transfer Form (Individual)||Download|
|7||Demat Account Closed Transfer Form (Corporate)||Download|
|8||Demat Account Closed Transfer Form (Individual)||Download|
|9||Demat Citizenship Updated Form (Minor to Major)||Download|
|10||Documents Required for Opening DEMAT ACCOUNT||Download|
|11||Free Mero Share Online Form||Download|