People are seemed to be very interested in the stock market these days. Thus, DEMAT account is account is mandatory for the transactions of all types of shares. If you're also a part of it, you'll need to renew your Demat account by the end of the government fiscal year.
If you do not renew your Demat account on time, your account will be frozen. This implies that your account balance will be frozen, and you will be unable to trade stocks. Renew your Demat account on time to obtain all of the benefits through share trading. And the easiest way and bother free to renew your Demat account is online through Meroshare.
How to Renew Demat Account Online in Nepal?
To renew your Demat account online,
- Open Mero Share web page and Login
- Click on your Name and Mero Share Profile at the right top corner.
- On the Own Profile tab, check your account information (Expiry date)
- Click on Renew Account button to renew your account online.
- Select payment partner, eSewa, Khalti, IME pay or connectIPS
- Select DEMAT to renew Demat account.
- Enter the number of years you want to renew your Demat account (up to 20 years)
- The renewable charge for one-year cost Rs. 100
- Click Proceed button
- You will get an interface detailing the charges from selected online payment partner account and pay your fee with the required information. (eSewa, Khalti, IME pay or connectIPS)
- After completion of payment, you will receive a payment slip which you can download and save it.
By following the steps above, you can easily renew Demat account online on your own from home without having to visit the bank or broker. You can also renew your Meroshare account online by following above steps. Just need to select an option that you want to renew (Meroshare Demat).