How to Link Demat Account to Aadhaar Card Online

If you want to trade in securities like stocks and bonds as an investor, you must have what is called a Demat or Dematerialized Account . All your stock holdings and shares will be stored in your Demat account in electronic form, where you can manage them with greater ease and convenience.The Securities and Exchange Board of India has made it mandatory for all brokerage firms to ensure that their client’s Demat account is linked with their Aadhaar. Doing this is very easy since there are a lot of provisions created by the National Securities Depository Limited that are available 24*7. Let us guide on how you can link your Demat account with your Aadhaar.

Before you begin, ensure that you have the following documents or details ready since they will be required during the Aadhar linking process:1) Your Aadhar card.2) Name and ID of Depository Participant, your PAN, and other details related to your Demat account.3) Your registered mobile number.

Step 1: Open the NSDL Portal on your web browser. Click on the link that says ‘Click Here to Link Aadhaar Number to Demat Account’ on the left side of the homepage. Step 2: In the page that follows, you have to enter details like the name of your Depository Participant, DP ID, Client ID and PAN Details. Step 3: Once you complete the above, you’ll receive an OTP on your registered mobile number and your email id. Enter the OTP on the Verification Code bpc and click on ‘Proceed’. Step 4: The next page displays the details of your Demat account. Very all the details and if everything looks ok, click on ‘Proceed’. Step 5: Next, enter your Date Of Birth, Gender and Aadhaar Number. Step 6: Finally, submit the details. This will be followed by another OTP verification on the number that is linked with your Aadhar. Step 7: Enter the OTP and you’re done! Your Demat account is now linked with your Aadhar number.You’ll receive an SMS on your mobile number confirming the same.

If you did the above steps and want to confirm that your Aadhar is linked with your Demat account, you can do that in the following way: Step 1: Visit the UIDAI Aadhar Portal. Step 2: Look for an option called ‘Check Aadhaar Linked Account’ and click. Step 3: Enter your Aadhar Number. Step 4: You’ll receive an OTP. Enter the same in the verification box and the page will display all the accounts that are linked with your Aadhar number.

• The Aadhar linking process requires you to authenticate via OTP using your registered mobile number and email address. Hence, you need to make sure that your mobile number and email address are linked with the NDSL.
• Your mobile number must also be registered with Aadhaar to successfully verify using OTP.
• The name and ID of your Depository PArticipant, as well as your PAN details must be kept handy.
• Finally, you must avoid doing the linking procedure on public internet connections or cyber cafes to prevent hacking or phishing attempts of your personal details.

• Significantly lessens documentation for futures and options trading.
• Since everything is authenticated using Aadhaar, the process for e-KYC is simpler and less time consuming.
• Your Demat account may get deactivated if you don’t link it with your Aadhaar card.
• Regulatory bodies can better monitor trading activities and hence fraudulent activities can be prevented.

The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.