How To Link Aadhaar With Demat Account? – (Step By Step)
Securities and Exchange Board of India (SEBI) issued guidelines on March 8, 2023, for all brokers/brokerage firms to ask their customers to link their Aadhaar Card with their Demat account by March 31, 2023.
After this guideline, many investors got confused, and some faced difficulties linking their Aadhaar Cards.
If you still have not linked your Aadhaar number to your Demat account, read this guide to learn the step-by-step process.
How To Link Aadhaar Card With Demat Account Online
Follow these steps for linking your Aadhaar number to your Demat account online:
1. Visit NSDL Homepage
Visit the NSDL homepage and click “Link Aadhaar Number to Demat Account.”
3. Enter Required Details
You’ll be asked to enter your DP ID, Client ID, and PAN details in the next window. Type all required details correctly.
4. Verify OTP
After entering the required details, an OTP will be delivered to the registered mobile number. Enter the OTP and click on the Proceed button.
5. Proceed
In the next window, your Demat account details will be visible. Check the details and click on the Proceed button.
6. Enter your DOB and Aadhaar Number
Enter your Date of Birth and Aadhaar number carefully and click on the Submit button.
7. Authenticate with OTP
An OTP will be delivered to your Aadhaar registered mobile number; authenticate the linking process by entering the OTP.
Conclusion
According to the SEBI circular dated March 8, 2023, every trader and investor in the stock market and mutual funds has to link their Aadhaar number to their Demat account.
Otherwise, their account will be marked in-operative after March 31, 2023, and they won’t be able to Buy or Sell shares. Follow the above steps and continue a hassle-free investing experience.
