Organisation : National Securities Depository Ltd
Facility : IDeAS Online Registration
Website : https://eservices.nsdl.com/SecureWeb/IdeasDirectReg.jsp
IDeAS Online Registration :
Please enter the following details
1. Enter DP ID*
2. Enter Client ID*
Related / Similar Service :
NSDL IDeAS
3. Enter Mobile Number*
4. Enter Verification Code*
5. Captcha Image
About Us :
National Securities Depository Limited (NSDL) is a company promoted by financial institutions of national stature which are responsible for economic development of the country.
NSDL is promoted by Industrial Development Bank of India Limited (IDBI) – the largest development bank of India, Unit Trust of India (UTI) – the largest mutual fund in India and National Stock Exchange of India Limited (NSE) – the largest stock exchange in India. Some of the prominent banks in the country have taken a stake in NSDL
FAQs :
1. How will I know that my DP has updated my account after each transaction?
Your DP will give you a Transaction Statement periodically, which will detail your current balances and the various transactions you have done through the depository account.
If you so desire, your DP may provide Transaction Statement at intervals shorter than the stipulated ones, probably at a cost.
2. At what frequency will I receive my Transaction Statement from my DP?
You will receive a Transaction Statement from your DP once in a quarter. If you have done any transaction during the quarter, you will receive the statement within fifteen days of the transaction.
3. What is to be done if there are any discrepancies in my transaction statement?
In case of any discrepancy in the transaction statement, you can contact your DP. If the discrepancy cannot be resolved at the DP level, you should approach NSDL.
NSDL also sends out a statement of holdings to a few clients of DPs, picked at random. In case the balance in your account as indicated by your DP does not tally with the balance as indicated by NSDL, you can contact your DP/ NSDL for clarification.
4. What happens if I lose my Transaction Statement?
You should inform your DP and obtain a duplicate Transaction Statement.
5. What security do I have if the only proof of my holdings in the depository is merely a piece of paper indicating my account balance?
No transaction can be effected in your account without your written authorisation. Further, if you are away for a long time, you have the facility of freezing your account wherein only credits into your account will be allowed and no debit will be possible.
6. What is a depository?
A depository can be compared to a bank. A depository holds securities (like shares, debentures, bonds, Government Securities, units etc.) of investors in electronic form. Besides holding securities, a depository also provides services related to transactions in securities.
7. How can I avail the service of a depository?
A depository interfaces with the investors through its agents called Depository Participants (DPs). If an investor wants to avail the services offered by the depository, the investor has to open an account with a DP.
This is similar to opening an account with any branch of a bank in order to utilise the bank’s services. Suggestions on how to select a DP are given in Section IV.