How to Open Demat Account Online in Nepal? Complete guide.

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How to Open Demat Account Online in Nepal? Complete guide.



How to open demat account online in Nepal
How to open demat account online in Nepal



Are you worried about to open your demat account online in Nepal??

Don't worry ! I am here to share you about how to Open Demat Account Online in Nepal.

Now days the craze of  share market in Nepal is increasing rapidly in this corona season and the number of demat account opened within this period has been increased rapidly.

Today so many people in Nepal are entering and want to enter in to the share market and firstly they have to open demat account for this. 

So, today I will share you about the fastest and easiest method to open your demat account online without visiting the bank with your documents and you do not need to spend your more time in to the queue and crowd of the Bank.


See also:

How to open online bank account in Nepal?

How to open and verify eSewa account in Nepal?



What is Demat Account?


Demat stands for dematerialized account in which you can hold your financial securities in an electronic form. It is similar to bank account only the difference is that bank account holds your money or cash and demat account holds your financial securities ( share) of any company in electronic form instead of physical paper.

Demat account is very important for share market investors who invest their money in to stocks and holds the financial securities in dematerialized form in to the demat account.

When you want to enter in to the share market then it is compulsory to open your demat account.

You can open this account from bank as well as stock brokers. And you need to link your bank account to your demat account that when your are going to buy any stock from share market then there should be minimum balance required in to your bank account. 

When you  buy any stocks then the required balance will be deducted from your bank account and the share that you bought will be stored in to your demat account.

When you want to enter in to the primary market, you only required demat account and you can then apply for IPO(initial public offering), FPO(further public offering), right share, Auction share etc.

But if you want to sell your stocks and buy stocks form others then you have to enter in to the secondary market and for that trading account is mandatory which can be open form stock brokers.


How to open Demat Account Online?


You can open your demat account form the bank as well as stock brokers also but my opinion is that the account opened from banks are better than stock brokers.

When you want to open demat account it is mandatory to have your own bank account that you can link with it but it is not necessary to have an account in to the same bank in which you want to open your demat account.

There are only few banks in Nepal which have been provided this online service. Here, I will demonstrate you on Himalayan bank which is providing very good service for online demat account opening.

Let's Start it!

Step1#: Go to the google search engine and search for Himalayan online demat account and click on the first link.


how to open demat account online in Nepal



Step2#: Then a form will be open and you have to fill it properly. Upload you documents properly. The documents with star marked are mandatory. After filling all the details click on submit form.


how to open demat account online in Nepal




how to open demat account online in Nepal




Step3#: After submitting you will see a notification for submitting your form successfully. Just click on done.


how to open demat account online in Nepal





You have now successfully  applied for your online demat account. After 1 or 2 working days the bank will verify it and after verification your demat account will be open and they will notify you through email or SMS.


Conclusion 

Today we learnt about how to open demat account Online in Nepal. After reading this post I hope you will love it and you can now open your demat account very easily without visiting the bank. If you have any queries about this topic then please feel free to contact us and comment on the comment section.
                                        THANK YOU!