If you want to invest in the Nepal Share Market, the first thing you need is a DEMAT Account. Gone are the days when you had to stand in long queues at banks or broker offices. In 2026, you can complete the entire process from your smartphone or laptop.
In this guide, I will show you exactly how to open your DEMAT and MeroShare account online so you can start applying for IPOs today.
What is a DEMAT Account?
Just like you keep cash in a bank account, a DEMAT (Dematerialized) account is used to hold your shares in digital form. You cannot buy or sell shares in NEPSE or apply for IPOs without one.
Prerequisites (What you need)
Before you start the online application, make sure you have digital copies of these documents:
- Citizenship Certificate (Front and Back).
- Passport-sized Photo (Digital copy).
- Bank Account Details (Account number and branch name).
- Signature Scan (Sign on white paper and take a photo).
- Location Map (A simple hand-drawn map of your residence or a Google Maps screenshot).
Step-by-Step: Opening Your DEMAT Account Online
Step 1: Choose a Depository Participant (DP)
A DP is simply the institution (Bank or Stock Broker) that manages your DEMAT. You can choose:
- Commercial Banks: (e.g., Nabil Invest, NIMB Ace Capital, NIC Asia Capital).
- Stock Brokers: (e.g., Broker No. 62 – Capital Max, Broker No. 49 – Online Securities).
Click here to get the full list of Depository Participant (DP)
Step 2: Fill out the Online Form
Visit the official website of your chosen DP. Look for a button that says “Online DEMAT Account”.
- Enter your Personal Details (Name, DOB, Address).
- Enter your Family Details (Father, Mother, Grandfather’s names).
- Input your Bank Details (This is where your dividends will be deposited).
Step 3: Upload Documents
Upload the scans of your citizenship, photo, and signature. Make sure the files are clear and under the size limit (usually 2MB).
Step 4: Video KYC (New for 2026)
Many banks like Siddhartha Bank and NIMB now use Video KYC. You may receive a link to a short video call where you show your original citizenship to the camera for instant verification.
Step 5: Pay the Fees
The standard charges are:
- DEMAT Opening Fee: Rs. 150
- MeroShare Fee: Rs. 50 You can pay this via eSewa, Khalti, or ConnectIPS directly at the end of the form.
Once your DEMAT account is verified (usually takes 2–3 business days), you will receive:
- BOID (16 Digits): Your unique DEMAT account number.
- MeroShare Login: You will get an email with your username and a temporary password.
Note: Don’t forget to request a CRN Number. This is a special code provided by your bank that links your bank account to MeroShare, allowing you to apply for IPOs.
Can I open multiple DEMAT accounts?
Yes, you can open up to two DEMAT accounts in Nepal.
Is it safe to open a DEMAT Account online?
Yes, Absolutely because the process is regulated by SEBON and CDSC.
What is the annual cost to maintain DEMAT?
You must pay Rs. 100 for DEMAT renewal and Rs. 50 for MeroShare every fiscal year.
What is the cost to open a DEMAT Account?
In Nepal, the cost to open and maintain a DEMAT account is regulated by the CDSC, but some banks and capitals offer promotional “Lifetime” packages, while most banks and capitals charge around Rs. 50 – Rs. 150.
