Choose a depository participant (DP) — most bank capital companies and many brokers are DPs — and fill its KYC form online or at a branch with your citizenship, a photo and a bank account. You get a 16-digit BOID within a few days; add Meroshare at the same DP to apply for IPOs.
Documents
- Citizenship certificate (or passport for non-resident Nepalis).
- A recent passport-size photo.
- A bank account in your own name.
- For a minor: birth certificate and the guardian's documents.
Steps
- Pick a DP. Choosing your bank's capital company keeps the C-ASBA bank and demat in one place.
- Fill the online KYC form on the DP's website, or visit a branch.
- Complete verification (video call or in person) and pay the fee.
- Receive your BOID by SMS or email.
- Register for Meroshare with the same DP and set your transaction PIN.
Fees
Opening fees vary by DP, typically Rs 50–150, plus Rs 100 a year for the demat account. Meroshare adds about Rs 50 a year. Unpaid annual fees can get the account restricted, so renew before the fiscal year ends.
What next
A demat account holds shares and lets you apply for IPOs through Meroshare. To buy and sell listed shares you also need a TMS account with a broker.
Can I open a demat account online?
Yes. Most DPs accept online KYC with a video verification, so you don't need to visit.
Is demat the same as Meroshare?
No. The demat account (BOID) holds your shares. Meroshare is CDSC's portal for viewing them and applying for IPOs and rights, and is registered separately.
Updated 27 October 2026. General information, not investment advice. Rules can change — check the latest NEPSE, CDSC or SEBON notice. Editorial policy · More NEPSE guides