Investors must renew their Demat and Mero Share accounts by the end of Ashar to prevent account freeze and avoid trading restrictions, as urged by Depository Participants (DPs).
Depository Participants (DPs) in Nepal have urged all investors to renew their Demat accounts by the end of Ashar. If not renewed within this timeframe, the accounts will be frozen, restricting all buying and selling activities in the secondary market.
When a Demat account is frozen, investors cannot sell the shares they hold or purchase new shares, leading to disruption in share trading. The renewal fees are as follows:
Demat Account Renewal Fee: Rs. 100 per year
Mero Share Account Renewal Fee: Rs. 50 per year
Both services—Demat and Mero Share—can be renewed together in a single transaction for convenience.
In addition, some DPs offer a lifetime renewal package. By paying a fixed one-time fee, investors can avoid annual renewals. Those who opt for this package do not need to renew their accounts every year.
Steps to Renew Demat Account Online:
Log in to your Mero Share account.
Click on your name at the top-right corner.
Go to “Account Information” and select “Renew Account.”
Choose a payment option from: Esewa, Khalti, IME Pay, or (Connect IPS).
Select the renewal type:
Demat Only
Mero Share Only
Mero Share and Demat (recommended)
Click “Proceed,” log in to the selected payment gateway, and complete the transaction by clicking “Pay” or “Submit.”
This article was originally published on https://bajarkochirfar.com Translated with the help of AI and reviewed by our editorial team.
