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The SEBI has mandated brokerage organisations to link the Demat account and the Aadhaar number of their clients. In this regard, accounts which are not linked with Aadhaar will be deactivated, and they will stay deactivated till you link your Demat account with a unique biometric identification number.
Hence, to know how to link your Aadhaar card with the Demat account, continue reading!
NSDL also made provisions to link the Demat account and Aadhaar for online investors. Regardless, linking your Aadhaar number and Demat account is straightforward and effortless. Nevertheless, linking a Demat account and Aadhaar online has multiple benefits:
A few of the documents needed to link the Demat account and Aadhaar card include the following –
If you are willing to know how to link your Aadhaar with your Demat account, here are the steps you should follow –
Step 1: Visit the official portal of NSDL, and click on the link that allows linking the Aadhaar Number to the Demat account.
Step 2: Input your ID and name of your Depository Participant, with PAN card details. Then the website will ask for a verification code. After that, click ‘Proceed.’
Step 3: NSDL will now send an OTP to your registered phone number and email address.
Step 4: After providing your OTP, the website will show details of your Demat account on the screen. There you can check for errors and click ‘Proceed.’
Step 5: Then, provide a few details, including your date of birth and Aadhaar number. After that, click 'Proceed.'
Step 6: After that, you will get OTP on your contact number. Then, your Aadhaar is now linked to your Demat Account. Lastly, you will get an SMS concerning the same and an email too.
A few essential pointers include the following –
You can check if your Aadhaar and Demat are linked through the following steps –
Step 1: Visit the official portal of UIDAI.
Step 2: Choose ‘Check Aadhaar Linked account’
Step 3: Enter your Aadhaar number.
Step 4: You will get your OTP on your registered contact number.
Step 5: After that, you will see all your Demat accounts linked with your Aadhaar.
Hence, you can swiftly link your Demat Account and Aadhaar number for trading in securities and stocks. However, selecting a reputed and trustworthy partner is necessary in this regard. So, follow the steps mentioned in how to link Aadhaar card with the Demat account section to verify your link.
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