Demat account can be opened in various bank subsidiaries. Banks with subsidiaries open such accounts. Such an account can also be opened through broker companies. The institution that opens this account is called the Depository Participant.

There are 76 such depository members. To open such an account, bank account number, photocopy of citizenship certificate and photo are required. Such an account can be opened in the bank or broker company where you do business.

Many do not charge a fee for opening such an account. Some will be able to charge up to one hundred rupees. After opening a demat account, you get a 16-digit demat account number. Only after getting that number can you fill the primary stock or buy and sell from the secondary market (Nepse).

Which companies have how many shares in their demat account? Details such as its current market value, whether or not shares have been credited to the account can also be viewed from one's mobile or laptop. For this, the organization opening the demat account gives the username and password of the demat account login.