The introduction of online trading has made the process of trading in the stock market extremely hassle-free.
Not only can you access your trading account and demat account at any time through your depository participant’s official platforms, but you can also monitor your portfolio and assess market information at your convenience. Furthermore, you can easily download your demat account holding statement.
In this article, we shall discuss what is a demat account holding statement, what it contains, and how you can safely access and download it.
What is a demat account holding statement?
A demat account holding statement is a document comprising the summary of your demat holdings at a particular point of time. Let us understand the primary contents of a demat account holding statement through an example.
If you have, say, 100 shares of company A and 50 shares of company B in your demat account on April 1, 2024, then the demat account holding statement as on that date shall show your demat holdings with their current market price, the price at which you purchased those securities, and the quantity you hold of each security.
Your demat account holding statement also contains important information such as the current balance of securities, free balance, pledged balance, and locked in balance.
In addition to a demat trading account holding statement, there is another document pertaining to your demat account which is termed as a demat account statement. All the transactions pertaining to your demat account (debits and credits of holdings) are recorded in this statement.
How to download your demat account holding statement online
You can easily download your demat account statement. There are two ways to access the aforementioned statement, namely, the official website or mobile application of your depository participant, and the website of the depository where your demat account is, that is, either the National Securities Depository Limited (NSDL) or the Central Depository Services Limited (CDSL).
Let us discuss both the processes of downloading your demat account holding statement.
Steps To Download Your Demat Account Holding Statement Through Your Depository Participant
Should you wish to download your demat account holding statement from your DP, all you have to do is:
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Visit your DP’s official website or open their official mobile application
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Login using your User ID, Password, and PAN/ Date of birth/ OTP (as applicable).
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Search the main menu or side menu and locate a section titled Portfolio details or Account.
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Select the date as on which you require the demat holding statement.
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Choose the format in which you want the document in (Microsoft Excel or PDF).
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Click on download and you will have your demat account holding statement as on the selected date. Should the statement be locked by a password, you have to enter the password mentioned during the download process.
Steps To Download Your Demat Account Holding Statement Through Nsdl Or Cdsl
Another way to download your demat account holding statement is through the official platforms of national depositories. Here is how you can do so:
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Visit the official website of NSDL/ CDSL.
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Search the main menu for an option titled Consolidated Account Statement (eCAS).
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Enter your User ID and password. If you are not registered on the website, follow the registration process to receive the login credentials.
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Download your eCAS as on a specific date and peruse your demat account holding statement (and demat transaction statement).
To Sum It Up
Downloading your demat account holding statement is an easy process. You can use either of the platforms mentioned above to access the statement.
Your depository participant is also legally mandated to share your demat account holding statement on a periodic basis. It is advisable to periodically check the statement and ensure there are no discrepancies in your demat account holdings or account activity.