What are DP name, DP ID, BO ID and demat ID?
What are DP name, DP ID, BO ID and demat ID? Find a clear answer in this FAQ by 021 Trade.
DP Name:
The Depository Participant (DP) is the intermediary through which you hold your demat account.
Example: Diamond Hands LLP (021 Trade), registered with CDSL.
DP ID:
A unique identification number assigned to the Depository Participant.
Example: 12100600 (First 8 digits = DP ID)
BO ID (Beneficiary Owner ID):
An 8-digit unique number that identifies your individual demat account under the DP.
Example: 00000500 ( Last 8 digits = BO ID)
Demat ID:
A 16-digit number formed by combining the DP ID and BO ID.
It is used for IPO applications and authorizing transactions (e.g., via CDSL TPIN).
Steps to Check DP ID, BO ID & Demat ID
