How To Find Demat Account Number & DP ID | Angel One (2024)

A Demat account is mandatory to trade securities like stocks, commodities, currency, derivatives, and mutual funds. When you open a Demat account, you are required to register with a Depository Participant (DP). They act as an agent or an intermediary between you (the investor) and the depository. A DP can be a brokerage firm, a financial institution, and a bank.

Upon opening the Demat account online, the depository (CDSL or NSDL) sends a welcome letter containing all the account information, including the Demat account number, to the account holder.

What is a Demat Account Number?

Also known as Demat ID, the Demat account number is a 16-digit unique number assigned to the account holder. The format of the Demat account number varies based on the CDSL or the NSDL. It is made of 16-digit numeric characters in CDSL, whereas in NSDL, it starts with “IN” followed by a 14-digit numeric code.

An example of a Demat account number with CDSL can be 01234567890987654, whereas, with NSDL, it can be IN01234567890987.

Often, investors and traders confuse DP ID for the Demat account number. But they are not the same. Let’s learn the difference and how to find them.

What is a DP ID, and How is It Different from the Demat Account Number?

DP ID has nothing to do with the Demat account holder. It is a number allocated to the Depository Participant by the Depository – CDSL and NSDL.

A Demat account number is a combination of the DP ID and the Beneficiary Owner (BO) ID of the Demat account holder. Usually, the first 8 digits of a Demat account number form the DP ID, and the last 8 digits make up the BO ID.

How to Know Demat Account Details by Bank Account Number?

If your Demat Account is linked to your bank account, you can easily access its details using your Demat Account number via internet banking. However, you should keep your Demat Account number safe at all times.

1. First, log in to your Internet banking portal to access your Demat Account details.
2. Look for the section that allows you to view your account details.
3. You may need to enter your password and Demat Account number to view details and download statements.
4. You will also need to provide your DP ID, which is specific to the Depository Participant (bank or brokerage) you used to open the Demat Account.
5. Once logged in, you can view your Demat holdings and download statements as needed.

How to Know Demat Account Details by Bank Account Number?

Your Demat account must be linked with your PAN card, as mandated by Indian income tax authorities. This linkage allows you to easily find your demat account number using your PAN through your Depository Participant (DP).

If you have online demat services or a broking account, simply enter your PAN details to view your demat account number. Once your Demat Account is linked to your PAN (a requirement for operation), accessing details like your account number and the securities held becomes straightforward.

How to Find the Demat Account Number and DP ID on Angel One?

Finding your Demat Account number on Angel One is a three-step process. Simply follow these steps:

Step 1: Launch the Angel One app

Step 2: Head to the ‘Account’ section

Step 3: Click on your profile in the top right corner of the screen

You will find your Demat account number just below your Customer ID.

Now that you have found your Demat ID, identifying the DP ID is quite simple. As discussed earlier, the first 8 digits of your Demat ID is the DP ID.

For a seamless investing and trading experience, open a Demat account with Angel One and enjoy free equity delivery for a lifetime, flat brokerage of Rs. 20 on intraday, F&O, currency and commodity trades, and zero account maintenance charges for the first year. You are one step away from building a secure financial future. Take it today!

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