This guide walks you through exactly how to open a Demat account in Nepal in 2026 — what it is, what you need, and how long it actually takes.
What Is a Demat Account?
A Demat (Dematerialized) account is an electronic record of your share holdings. Just like a bank account holds your money, a Demat account holds your securities — stocks, mutual funds, bonds — in digital form.
In Nepal, Demat accounts are managed through CDS & Clearing Ltd. (CDSC), the central depository regulated by SEBON. Every investor on NEPSE must have one.
What You Need Before You Start
For Individual Investors:
Citizenship card (both sides)
Recent passport-sized photograph
Active bank account in Nepal
Mobile number registered with your bank
Email address
For Minor Accounts:
Guardian's citizenship card
Minor's birth certificate
Guardian's bank account details
Step-by-Step: How to Open a Demat Account
Step 1 — Choose a Depository Participant (DP) Not every broker in Nepal is a registered DP. Brilliant Securities is a registered CDS & Clearing Ltd. Depository Participant — meaning we can open and manage your Demat account directly.
Step 2 — Fill the Demat Opening Form Download the Individual Demat Opening Form from our downloads page or collect it from any branch. Fill in your personal details, bank information, and nominee details accurately.
Step 3 — Submit KYC Documents Submit your completed form along with photocopies of your citizenship card and a passport-sized photo. You can submit online through our KYC portal at kyc.brilliantneo.com or at any branch.
Step 4 — Demat Account Created Once verified, your Demat account is created within 1–3 working days. You will receive your BO ID (Beneficiary Owner ID) — a unique 16-digit number that identifies your Demat account.
Step 5 — Activate MeroShare Register on MeroShare (meroshare.cdsc.com.np) using your BO ID to view your holdings, apply for IPOs, and manage your account online.
Step 6 — Open a Trading Account A Demat account holds shares. A trading account lets you buy and sell them. Both are required — and at Brilliant Securities, both are set up through the same process.
How Much Does It Cost?
Fee | Amount |
|---|---|
Account Opening | Rs. 150 (one-time) |
Annual Maintenance | Rs. 100 per year |
MeroShare Access | Rs. 50 per year |
Dematerialisation | Free |
Account Statement | Free |
All fees are fixed by CDS & Clearing Ltd. and are the same at every registered DP in Nepal.
Common Mistakes to Avoid
Wrong bank account details — your Demat and bank account must be linked correctly for ASBA to work during IPO applications
Nominee not filled — always add a nominee so your holdings transfer smoothly
Using someone else's documents — KYC must match the account holder exactly
Not activating MeroShare — without MeroShare, you cannot apply for IPOs online
Why Open Your Demat Account with Brilliant Securities?
As NEPSE Broker #8, Brilliant Securities has been opening and managing Demat accounts for thousands of Nepali investors across three branches — Battisputali Kathmandu, Itahari, and Mirchaiya. Our team guides you through every step, in person or online.
Open your Demat account today at kyc.brilliantneo.com or call +977 01-5970780.
Disclaimer: This blog is for educational purposes only and does not constitute investment advice. Please consult a licensed advisor before making investment decisions.
