NSDL is a government authorized depository. It holds financial securities like shares, and mutual funds in an electronic form for customers in demat account.

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NSDL definition

NSDL is a depository of financial instruments like shares, debentures, and mutual funds. It offers depository services (Demat Account) where customers can hold and transact the share and MFs in electronic format.

A Depository in the stock market means an institution that holds financial securities (likeshares, debentures, and mutual funds) in an electronic form (De-Materialized form). It enables transactions and settlements of these financial securities.

The shares held by a depository are traded on various stock exchanges by intermediaries called Depository Participants (DP). A DP is an agent of the Depository. Most stock brokers are DP's.

NSDL Details

  • It is one of the two government-authorised depositories. CDSL is the 2nd authorised depository.
  • NSDL is not a listed company. The NSDL IPO is expected to come very soon.

Services Offered by NSDL

NSDL offers the below Depository services (demat account) to investors;

  • Demat Account- A Demat account is an online place where financial instruments like stocks, mutual funds, IPO shares, and bonds are kept in electronic form.
  • Dematerialisation of physical certificates into electronic securities
  • Rematerialisation of electronic securities to physical certificates
  • Settlement of trades through market transfers
  • Inter-depository and off-market transfers of securities.
  • Nomination facility
  • Pledging of securities - Securities (like shares and bonds) held in a demat account can be pledged to avail a loan facility.
  • Automatic delivery of securities to clearing corporations (A clearing corporation is associated with an exchange to handle the confirmation, settlement, and delivery of transactions)
  • Distribution of cash and non-cash corporate benefits (Bonus, Rights, IPOs etc.)
  • Stock lending
  • Dematerialisation of National Savings Certificate (NSC) and Kisan Vikas Patra (KVP)
  • Dematerialisation of warehouse receipts


  • NSDL Consolidated Account Statement (CAS) is a statement of all the investments in the securities market made by an individual. It has details of investments in equity shares, preference shares, mutual funds units, sovereign gold bonds, corporate bonds, debentures, securitized instruments, money market instruments, and government securities held in electronic form (dematerialised form).
  • It includes details of the investment in mutual fund units in a folio form (not in a demat account) with different mutual fund companies.
  • All investments held in single or joint names by an individual are a part of the NSDL CAS.
  • NSDL CAS makes it convenient for an individual to keep track of and monitor his/her investments and their value, and the portfolio composition. It reflects the correct status of an individual's investments.
  • NSDL E-CAS is the electronic version of the NSDL CAS. It is more secure and easy to store and retrieve.

NSDL Charges

NSDL charges fees for demat transactions done with them. A stock broker who is an NSDL member charges these fees to the customer. Demat debit transaction charge (when shares are withdrawn from the demat account) is among the main charge a customer pays to NSDL.

List of NSDL Charges

  • Debit Transaction Charges
  • Pledge Charges
  • Dematerialisation Charges
  • Rematerialisation Charges

To know more about these charges please visit the Demat Account Fees & Charges page.

Note: Each broker charges a different Demat Account fee as NSDL allows brokers to charge over and above the base NSDL fees. Visit the demat account review page of popular brokers to find more details.

NSDL Mobile App

The NSDL mobile app is called NSDL Speede is a free app for customers who have their demat account with NSDL. A customer can view their demat account holdings using this app.

It is available for free download on Google Play for Android and the Apple App Store for IOS users.

NSDL Customer Care Number

TheNSDL customer care numberis 1800-1020-990 / 1800-224-430. It is a toll-free Investor Helpline Number. The NSDL contact number for the head office is 022-24994200.

NSDL has an investor relationship cell to handle investor grievances. The NSDL grievance email id is relations@nsdl.co.in.

NSDL conducts investor meets for investor education. The NSDL website (www.nsdl.co.in) has a schedule for these Investor Awareness Programmes.

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Frequently Asked Questions

  1. 1. What is the NSDL full form?

    The NSDL full form is National Securities Depository Limited. It is one of the two authorised depositories in India. It is responsible for holding financial securities (like shares, debentures, and mutual funds) in an electronic form (dematerialized form) for investors. It enables transactions and settlements of these financial securities.


  2. 2. Where is the NSDL head office?

    The NSDL head office is in Mumbai.

    NSDL address

    NSDL, Trade World,

    A-wing, 4th Floor,

    Kamala Mills Compound,

    Lower Parel, Mumbai - 400013


  3. 3. How can I create an NSDL account login?

    An NSDL account login for the IDeAS facility can be created easily and quickly.

    Steps to create NSDL account login

    1. Visit https://eservices.nsdl.com/
    2. Click on the New User Registration Tab.
    3. Enter the following details on the registration page;
      • DP ID (of your DP where you have opened your Demat account)
      • Client ID (provided by your DP)
      • Choose your User ID (between 3 to 8 characters)
      • User Name
      • Email ID
      • Password and Confirm Password (between 8 to 16 characters), both alphanumeric.
    4. Agree to the terms and conditions and click on submit.
    5. You will receive a One-Time Password (OTP) on the mobile number registered in your Demat account.
    6. Enter the OTP received from NSDL within 5 minutes of submitting the request.

    Your log-in id will be ready to use.


  4. 4. Is NSDL a government company?

    NSDL India is not a Government-owned company. It is a privately held and professionally managed company that is authorised by the Government of India to offer depository services in India. NSDL is planning to go public in near future.

    NSDL was promoted by the Nation Stock Exchange Ltd (NSE) in 1996.


  5. 5. What is the NSDL DP id?

    A DP id is a unique code allocated to a Depository Participant such as a broking firm, bank, or financial institution by the depositories CDSL and NSDL.

    For NSDL depository participants, the DP id is an 8-digit unique alpha-numeric code starting with 'IN'

    For example, the DP id for Kotak Securities is IN300214


  6. 6. How to activate the NSDL account?

    You cannot directly open a demat account with NSDL. You have to open a Demat account with one of NSDL's DP (stock broker).

    Once your Demat account is active, you can activate the IDeAS facility offered by NSDL, which allows you to view balances and transactions in Demat accounts.

    You can visit https://eservices.nsdl.com/ and click on the New User Registration Tab. Enter the following details on the registration page;

    • DP ID (of your DP where you have opened your Demat account)
    • Client ID (provided by your DP)
    • Choose your User ID (between 3 to 8 characters)
    • User Name
    • Email ID
    • Password and Confirm Password (between 8 to 16 characters), both alphanumeric.

    You can enter the OTP received on your registered mobile number, and your NSDL IDeAS account will get activated.


  7. 7. How to get an NSDL statement?

    NSDL Consolidated Account Statement (CAS) is a statement consisting of transactions and holdings in investor's Demat account(s) held with NSDL and CDSL as well as in units of Mutual Funds held in Statement of Account (SOA) form.

    An investor receives a CAS every month on his registered address if there is any transaction in his Demat account or mutual fund folios. In case there is no transaction in a year, the CAS with all holding details is sent to the investor on a half-yearly basis.

    An investor can opt to receive the CAS by e-mail in an electronic form known as the E-CAS on his registered e-mail id.

    You can also visit https://nsdlcas.nsdl.com/ and click on the Track Your CAS tab to get your latest NSDL statement.


  8. 8. Is NSDL safe?

    NSDL is one of the two government authorised depositories in India. It is governed by the Depositories Act, 1996.

    NSDL is a safe, reliable and well-regulated depository. The demat account with NSDL is safe and convenient for online trading and investment.

    NSDL takes the following measures to ensure the safety of the investor holdings;

    • All Depository Participants of NSDL are SEBI registered.
    • Depository Participants can debit or credit an account only on instructions from the client.
    • System-driven reconciliation between the DP and NSDL daily
    • Periodic inspection of the activities of DPs
    • The data interchange between NSDL and its business partners is protected by an encryption hardware lock.
    • If a DP goes bankrupt, the creditors of the DP will have no access to the investors' holdings with the DP. These investors can transfer their holdings to an account held with another DP.
    • NSDL has introduced a Certification Programme in Depository Operation. All DPs must appoint a person qualified in this certification in each of its branches.
    • If a business partner fails to address an investor grievance, the investor can approach NSDL.


  9. 9. How NSDL works?

    NSDL works as a financial securities depository in India. A Depository is responsible for holding securities (like shares, debentures, and mutual funds) in electronic form and enabling securities transactions. NSDL interacts with the investors in the capital markets through its depository participants.

    NSDL has custody and legal ownership of the financial securities it holds.

    NSDL works like a bank but, instead of money, NSDL has the responsibility to safeguard investor securities, bonds, and mutual fund units.


  10. 10. Can we transfer from NSDL to CDSL?

    Yes, we can transfer shares from NSDL to CDSL demat account. The transfer of securities from an account in NSDL, to an account in CDSL is called an inter-depository transfer. You have to contact your stock broker whom you have your NSDL Demat Account to being the transfer.

    Features of Inter-Depository transfers

    • An inter-depository transfer can be done only for securities which can be stored in the electronic form in both the depositories.
    • For debiting the account with NSDL, an investor submits the 'Inter-depository delivery instruction' form to the DP.
    • For crediting the account, standing instructions for automatically crediting the account are applicable. If not, an investor should submit the 'Inter-Depository Receipt Instruction' form to the DP.
    • Inter - depository transfers happen on each working day.
    • In the online inter-depository transfer (OLIDT) module, Inter-Depository Transfer instructions for the day are exchanged online between the two depositories.
    • Government securities cannot be transferred from one depository to another using this facility.


  11. 11. What is NSDL Website?

    NSDL official website is https://nsdl.co.in/



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