What are DP name, DP ID, BO ID and Demat ID?
DP name, DP ID, BO ID, and demat ID can respectively be defined as the following:
DP name: 5paisa Capital Limited is your Depository Participant (DP) name, and it acts as a custodian for your depository securities and CDSL, where your securities are held electronically.
DP ID: The DP ID is a unique identification number assigned to 5paisa Capital Limited (DP), which is 12082500, and it is the same for all 5paisa customers.
Beneficiary Owner (BO) ID: The BO ID is an 8-digit unique number assigned to demat accounts held with the depository (CDSL) through your Depository Participant. It identifies you as the beneficial owner of the securities held in your account.
Demat ID: The Demat account ID is a
16-digit number formed by combining your DP ID and BO ID. Moreover, it is
required when applying for IPOs and generating a CDSL TPIN (transaction pin) to
authorise access to your holdings.
You can locate your demat account IDs on 5paisa by following these steps:
- Visit https://emodify.5paisa.com/customer-dashboard/client-profile.
- Click on Demat account details.
- You will see DP ID, BO ID, and
Demat account ID.
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