If you invest in the share market, it is advisable to check the demat account and the demat account statement to know where you stand financially. An investor should also know how to check how many demat accounts I have and the shares credited or debited in those accounts when he trades in the market. If you are not familiar with the process of how to check the demat account status, here are the answers to how to check the demat account with PAN and also, how to check demat account is active or not.
The best way to access a Demat account statement is through the consolidated account statement (CAS). The CAS contains all the information regarding the transaction and investment of shares and securities. An investor can view the CAS on the CDSL (Central Depository Services Limited) or the NSDL (National Securities Depository Limited).
To access the account statement on CDSL, the account holder can visit the CDSL website, and click on CAS login. Next, they need to enter their Permanent Account Number (PAN), BO ID, and Date of Birth (DOB). On entering this information, they must verify Captcha, enter the OTP they receive on their mobile number, and submit.
To access the account statement on NSDL, the account holder has to visit the NSDL CAS webpage and click on the NSDL e-CAS option. Next, he must enter the CAS ID and PAN details, and verify Captcha. The account holder can receive a copy of his CAS on his registered email ID.
To check their Demat account statement, the account holder must first check his personal details to ensure they are correct. If there is an error, he can get it corrected through the Depository Participant (DP). Next, he should check the Folio number to ensure it is allocated and unchanged. He should check the statement for the fund names, dividends, and growth. The statement also shows historical information regarding the dividends received, Net Asset Value (NAV), and transaction summary.
You can check your Demat account balance through the website or mobile application of the DP. Usually, the DP offers various charts and graphs to give further insight into the Demat account statement of the investor. If the investor has multiple Demat accounts, he can view their compiled statement through CAS.
An investor can view his individual Demat account balance on the DP’s website or view his CAS to check his Demat account statements across all DPs with whom he has accounts.
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