How to register for CDSL Easiest using the 5paisa Demat account?
Note:
The online registration process is applicable only for individual account
holders.
To
register for CDSL Easiest, follow these steps:
- Visit web.cdslindia.com/myeasitoken/home/login.
- Demat details: Enter the 8-digit DP ID followed by the 8-digit demat client ID or BO ID and click on Continue.
- OTP: Enter OTP received on the registered mobile number and click on Continue
- Account details: In the account details section, enter the preferred username, answer the security question, select the Trusted Account checkbox and click on Continue.There are two Account typeTrusted account transferAccount of choice transfer
- Trusted Details: Enter the trusted account details, i.e., a 16-digit demat ID of the CDSL account where stocks need to be transferred and click on Continue.
- Grouping: This is an optional step. If existing CDSL demat accounts are held with other brokers, they can be grouped using this option, since the BO IDs will be pre-approved. If the existing CDSL demat account needs to be added as a trusted account, select the BO ID and click on Continue, or skip the step by clicking on Continue without selecting the BO ID.
- Finish: The registration is now complete, and after 5paisa authenticates it, CDSL easiest will be activated for the BO ID. The activation takes up to 48 working hours.
Did you know?
There are two depositories in India, CDSL and NSDL, where an account is created when a Demat account is opened with a brokerage firm or depository participant (DP).
Most online brokerage firms like 5paisa are depository participants with CDSL.
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