How to Check Demat Account Balance?

How to Check Demat Account Balance?

Demat accounts are required for stock market trading. A Demat account, which functions similarly to a bank account, is stored with either the NSDL or CDSL, and it may be opened and accessed by a depository participant such as a stockbroker. The stocks you buy are stored in your Demat account, much like money in a bank account, and are sent in and out based on the number of shares you buy and sell. 

A Demat account provides comparable functionality to a bank account, allowing the holder to access passbook data and account statements. You may check your Demat account balance and examine a statement of Demat holdings in the same way that you would check your bank balance. In this post, we'll look at how to check Demat account balance, and status, and view your Demat holding statement.

What Is A Demat Account Balance?

As previously stated, a Demat balance provides a person with an overview of all the securities and shares in which they are currently invested. The account represents each share of stock in real-time or sold in real-time, much like a traditional bank account. However, there is no Demat account minimum balance requirement because it deals with shares and securities rather than actual money.

Start Your Stock Market
Journey Now!

50 Years Trust |₹0 AMC |₹0 Brokerage *

Table of Content

  1. What Is A Demat Account Balance?
  2. What is Ledger Balance in the Demat Account?
  3. How to Check the Demat Account Statement?
  4. Check Demat Account Statement Through CDSL or NSDL Website
  5. Through The Depositor's Portal
  6. Through The Trading Account
  7. Things to Check While Reading a Demat Account Statement

What is Ledger Balance in the Demat Account?

The account statement calculated by the depository bank at the end of each day is referred to as the ledger balance in a Demat account. In such cases, the Demat account could also display a negative ledger balance if the Annual Maintenance Charges (AMC), brokerage, and taxes are not paid on time. Paying on time is always the right solution to maintain a hassle-free trading account with the appropriate ledger balance.

How to Check the Demat Account Statement?

You can check the Demat account status on your mobile or computer from your stock broking platform. Just log in to your account & click on account and check the Demat account statements. Using the steps below, you can also use the alternate way to analyse your Demat account statement from the CDSL & NSDL website.

Check Demat Account Statement Through CDSL or NSDL Website

There are several ways to check Demat account status. The two depositories, NSDL and CDSL, have official websites where you can do this. You can use this method to diversify your portfolio by holding several Demat accounts.

Visit the NSDL and CDSL websites to view all your Demat account balances and several other insights. These reports are also available as a Consolidated Account Statement (CAS).

By following these simple steps, check your Demat account balance through the CDSL or NDSL website.

  • Step 1: Go to your depository’s website (CSDL or NSDL, depending on your account type) and log in.
  • Step 2: Provide your registered PAN number 
  • Step 3: Next, provide your 16-digit Demat unique ID as requested.
  • Step 4: Provide your date of birth
  • Step 5: An OTP will be sent to you; enter it to finish the auto-verification process.
  • Step 6: For a detailed overview of your Demat account balances, you can view your CAS or download it.
  • Step 7: If you want a narrower perspective, select a period and download the CAS for that timeframe.

Through The Depositor's Portal

Dematerialised accounts are opened by depository participants using digital platforms, similar to e-banking or m-banking, to view their balance and status. These portals provide insight into investments through charts and graphs, and depositors can also receive Demat account statements via email quarterly, half-yearly, or yearly. The platform also offers access to the account statement and the status of the account.

Through The Trading Account

Demat accounts are often connected to a person's trading account, which may be used to monitor Demat account balances. People may log in to their trading accounts using their usual credentials and view their real-time account balance. 

Things to Check While Reading a Demat Account Statement

Once a person has access to their CAS, several criteria should be considered when analysing a Demat account statement.

Personal Information: Your statement includes crucial details like your name, PAN number, Demat account number, and date of birth. Ensure these are accurate. If any information is incorrect, contact your Depository Participant (DP) for rectification. Read on to find out how to check Demat account number.:

  • Folio Number: This unique identifier is assigned to each investor and linked to all your investments. If there are any discrepancies, contact your DP for corrections.
  • Mutual Fund Holdings: This section provides a comprehensive overview of your mutual fund investments, detailing the names and relevant information.
  • Dividend Payments: Any dividends from your investments up to the statement's date will be listed here.
  • Net Asset Value (NAV): The NAV represents the value of each unit of your investments. The statement presents the NAV for each investment as of the statement date. Remember, NAV is dynamic and may differ from your current view.
  • Transaction Summary: This section encapsulates all activities within your Demat account. It covers every purchase and sale you've made, offering a comprehensive record of your investment history.

Conclusion
Demat accounts are necessary for stock investing. Stocks and securities are held electronically through this account. To keep track of your investments, you need to check the balance of your Demat account. There are three ways to check your balance: through the depository's portal, through your trading account, or by downloading a consolidated statement from the CDSL or NSDL website. The online trading app offers expert guidance and a user-friendly interface for managing your trade.

FAQs on How to Check Demat Account Balance?

Yes, most DPs offer alerts via SMS or email for any changes in your Demat account balance, including additions or withdrawals of securities.

If you observe any discrepancies in your Demat account balance, promptly contact your DP and seek clarification or rectification of the issue.

You can log onto your broker's app or website to check the balance of your demat account.

No, there are no fees associated with checking the balance of your demat account.

Yes, a lot of brokers have mobile apps that let you monitor the balance of your demat account on your smartphone.

Yes, upon request, your broker will give you a tangible statement of the balance in your demat account.

Your broker must send you a statement of the balance of your demat account within two to three business days.

No, you must have the demat account number in order to view the balance of your demat account.