Currently, the stock market in Nepal is making huge leaps. As a result, new investors are also increasing day by day in the stock market. Thus, the number of demat accounts is also increasing day by day as new investors come into the stock market. So far, more than 2.2 million demat accounts have been operational in Nepal. Thus, as the number of debit accounts increases, the number of IPO holders also increases. And the number of investors using my shares, which is required to call an IPO, is also increasing. After entering the Nepali stock market, it is mandatory to use the Demat account and My SIR account. Demat account and Mero Share account are not free to use, so we have to pay to use them. In this way, we have to renew our demat account and my share account after the expiry date.
So in this post, we will learn how to renew the demat account we use and my sir account from our own home. Generally, the Demad account has to be renewed by the end of every year whereas my share account is valid from the day of its establishment till the day of the next coming year. Mero Share account also needs to be renewed. If you are also in the share market and are using a demat account and my share account then you must know how to renew them. So if you want to know about it then read this post till the end. And before that brief, what is a demat account and Mero Share account? Let's understand it.
What is a Demat Account?
Generally, a Demat account is a platform developed for depositing shares, securities, bonds, etc. in an electronic format. All shares and bonds purchased during online transactions are credited to the demat account. Therefore, the account that holds stocks and securities is a demat account.
What is Mero Share?
Mero Share is a platform developed by CDSC to provide all the details while trading or buying and selling shares. It shows the entire portfolio of stocks and bonds that we have and also provides all the transaction details.
How do open a demat account and a Mero Share account?
To open a demat and mero shir account you must first open your bank account in any bank in Nepal. And then have to go to the bank and fill in the form for demat and my shares. After filling out the form can easily open demat and my share account.
How much will it cost to renew the Demat account and Mero share account?
Generally, different banks have set different rates for renewing the Demat account and My Shir account. However, most of the banks and demat accounts have fixed Rs 100 per annum for renewal. This will cost you a total of 150 per annum to loan the account.
Now, friends, you have the above general information about the Demat account and the Mero share account. Now if you want to renew your Demat account and Mero shares your account from your laptop, mobile or computer then this article will teach you how to renew your My Share account and Demat account correctly. To renew your demat account and Mero Share account. So please follow the steps below to renew your demat account and Mero Share account, please follow the steps below:
1. Now for this you can first search Mero Share on Google or Chrome on your mobile laptop computer and then open the official website of My Share. Then fill up your details there. First, select the bank and secondly put the username in it in the third option log in by entering your password.
2. After logging in to My Share, click on your profile on the top right side of your account. Now then your personal details will be shown from there. It also shows the expiry date of my shared and demanded account. First, check which of your demat accounts and My Shared Accounts have expired and now click on the Renew Account option.
3. Now after clicking on the loan account, from there various methods are shown as select payment methods. Now choose one of the payment methods. Like Sewa, Khalti, Prabhu Pay, IME Pay or Connect IPs.
4. Now the three options shown here are mero shared account, demat account or my account and demat account. Now select the account you want to renew and click on the option called Proceed.
5. Now friends, after clicking on proceed to pay the prescribed payment through your selected payment method, your account will be renewed.
So, friends, you can easily renew your expired Demat and Mero Share accounts through this method. Hope this article has been of great help in renewing your account. If this post has been helpful to you in crediting your account then don't forget to connect with us.
Post a Comment
Please don't enter any spam links in the comment box.