How to Find Demat Account Number from PAN? A Step By Step Guide

A demat account is essential for investing in the Indian stock market. It lets you hold your securities electronically, making trading and investing more convenient. However, one of investors’ most common challenges is remembering their demat account number. Fortunately, there are several ways on how to find demat account number from PAN (Permanent Account Number) card and how to know demat account number.

What is a Demat Account Number?

A demat account number is a unique 16-digit identification number assigned to each demat account holder. It is also known as the Beneficiary Owner ID (BO ID) or Client ID. This number is essential for conducting transactions in the stock market, as it allows you to buy, sell, and hold securities electronically.

Steps on How to Find Demat Account Number from PAN

To know How to Find Demat Account Number from PAN, follow these steps:

1. Contact your Depository Participant (DP)

Contact your broker or DP’s customer service and provide your registered mobile number, email, and PAN for identity verification. They should be able to assist you in retrieving your demat account number.

2.Check your account opening documents

Look for the account opening confirmation letter or email sent by your DP when you opened your demat account. This document should contain your demat account number.

3. Search your email inbox

Look for emails from your DP or the depository (NSDL or CDSL) that contain your demat account details. You can search for emails using your PAN identifier.

4. Use the NSDL or CDSL platforms

If you have registered for the NSDL Speed-e or CDSL accessible services, you can log in and check your demat account number. To register, you’ll need your DP ID and Client ID (for NSDL) or demat account number (for CDSL).

5. Check your linked bank account

Since you must link your demat account with a bank account, you can check your demat account details through your bank’s internet banking facility.

6. Use the Income Tax e-Filing portal

If you are a registered e-Filing user with a valid PAN and demat account, you can use the “My Demat Account” service on the Income Tax Department’s e-Filing portal to add, remove, or validate your demat account.

How PAN Card Adds Value to Your Demat Account?

The linkage of your demat account with your PAN card issued by the Income Tax Department is relevant in several ways:

Unique identification

The PAN card mapping gives a unique identification to your demat account, making it easier to track transactions and profits/losses.

Mandatory requirement

It is mandatory to link your PAN card with your demat account for the account to be functional.

Tracking transactions

Every transaction in your trading account and demat account, along with the relevant profits and losses, is mapped to your income tax statement through the PAN card linkage.

Identity verification

Your PAN card is essential for verifying your identity when contacting your DP or the depository for demat account-related queries.

Regulatory compliance

Linking PAN with demat accounts is part of the government’s initiative to ensure compliance with tax regulations and prevent tax evasion.

How to Check Demat Account Number?

To know how to check demat account number, you can:

1. Look for the number on your demat account statements:  Every time you conduct a transaction, your DP will send you a transaction statement, either physically or digitally, which includes your demat account number.

2. Contact your DP’s customer service: Reach out to your DP’s customer service, provide your registered details, and they should be able to assist you in finding your demat account number.

3. Use the NSDL or CDSL platforms: If you have registered for the NSDL Speed-e or CDSL accessible services, you can log in and check your demat account number.

4. Check your linked bank account: Since you must link your demat account with a bank account, you can check your demat account details through your bank’s internet banking facility.

How to Know Demat Account Number?

To find how to know demat account number, you can:

1. Check the account opening documents: Look for the account opening confirmation letter or email sent by your DP when you opened your demat account. This document should contain your demat account number.

2. Search your email inbox: Look for emails from your DP or the depository (NSDL or CDSL) that contain your demat account details. You can search for emails using your PAN identifier.

3. Use the Income Tax e-Filing portal: If you are a registered e-Filing user with a valid PAN and demat account, you can use the “My Demat Account” service on the Income Tax Department’s e-Filing portal to add, remove, or validate your demat account.

4. Contact your DP’s customer service: Reach out to your DP’s customer service, provide your registered details, and they should be able to assist you in finding your demat account number.

How Can I Know My Demat Account Number?

To find how to check my demat account number, you can follow the steps mentioned below:

1. Look for the number on your demat account statements: Every time you conduct a transaction, your DP will send you a transaction statement, either physically or digitally, which includes your demat account number.

2. Use the NSDL or CDSL platforms: If you have registered for the NSDL Speed-e or CDSL accessible services, you can log in and check your demat account number.

3. Check your linked bank account: Since you must link your demat account with a bank account, you can check your demat account details through your bank’s internet banking facility.

4. Contact your DP’s customer service: Reach out to your DP’s customer service, provide your registered details, and they should be able to assist you in finding your demat account number.

Finding your Demat account number might seem challenging, but it’s straightforward and has the correct information. You can easily retrieve How to Find Demat Account Number from PAN and how to know demat account number by contacting your Depository Participant (DP), checking your account documents, or utilising online platforms. Linking your PAN to your Demat account is crucial for smooth transactions and tax compliance. If you’re looking for a reliable broker to manage your investments, consider SMC Global Securities. With their expertise and customer-centric approach, they can help you navigate the stock market confidently.

FAQs on How to Find Demat Account Number from PAN

1: What is a Demat Account Number?

A Demat account number is a unique 16-digit number assigned to your Demat account. It’s like an account number for your shares and securities held electronically.

2: How to check demat account number?

The easiest way to find your Demat account number is to contact your broker or Depository Participant (DP). They can provide this information to you. You can also check your account opening documents or recent transaction statements.

3: Do I need my PAN to find my Demat Account Number?

While not always necessary, having your PAN can help speed up finding your Demat account number, mainly when contacting your DP.

4: What if I lost all my Demat account documents?

If you’ve lost all your documents, don’t worry. Contact your broker or DP directly. They can assist you in retrieving your Demat account number.

5: How to check demat account number online?

Some brokers offer online platforms where you can check your Demat account details. However, the most reliable way is to contact your DP directly.