Have you recently opened a demat account with Sharekhan? Do you know what is DP ID in Sharekhan?
When you enter the stock market, you open a demat account with the choice of your stockbroker. These stockbrokers are further registered with either of the two depositories: NSDL or CDSL. As soon as the stockbrokers register themselves with the depositories, they get a unique 8 digit code known as the DP ID.
Since there are two depositories, the format of the DP ID can be different. If the depository participant is registered with NSDL, then the first two digits are alphabetical, for example, IN123456. In the case of CDSL, all the digits are numeric (123456)
Sharekhan is registered with NSDL and CDSL. The DP ID of the same is as follows.
- NSDL- IN300513
- CDSL- 12036000
But, the next question that arises is, where can you find this DP ID? So, if you are looking for your Sharekhan DP ID on the mobile app, you have to follow the given steps.
- Login to the Sharekhan mobile app using your client ID and membership password.
- On the left corner, click on profile on the sliding menu.
- A new window will open. Now click on DP details.
- You will see your DP Client ID. The first 8 digits of the same is your DP ID.
If you are looking for your DP ID on the web terminal of Sharekhan, you have to follow the given steps.
- Log in using your Client ID and your membership password.
- Now on the dashboard, you will see your name written on the top. Click on it.
- You will then see a drop-down menu, click on Profile.
- After this, you will see all the details and for the DP ID, you simply have to click on DP details.
In this simple way, you can know what is DP ID in Sharekhan and how you can find it. Hope this answered your question. If you have any other stock market-related queries, you can fill in your details.
