What are DP ID and Client ID in Zerodha?

If you are an investor and user of the Zerodha platform, then you were wondering what are DP ID and Client ID in Zerodha. DP ID stands for Depository Participant ID, which is a unique 8-digit number that identifies the Depository Participant where your demat account is held. Other hand, Client ID is a unique 8-digit number for each individual demat account, and together they form a demat account number, which is a 16-digit unique number.

Concept of DP ID and Client ID

DP is an 8-digit unique number, which means it helps to facilitate the buying and selling of shares on behalf of the investor. So the first 8 digits of the Demat account ID represent the Depository Participant ID. It is 12081600 or 2081601.

Client ID is an 8-digit unique number, which means it helps Zerodha and CDSL to keep track of your specific Demat account and holdings. So the last 8 digits of the Demat account ID represent the Client ID.

Steps to find DP ID and Client ID

Here are the steps to find the DP ID and Client ID:

Open the Zerodha App.

Tap on the profile icon.

Click on the profile option.

Now you can see your Demat ID (DP ID + Client ID) on your screen device.

Conclusion

In conclusion, understanding the terms DP ID and Client ID in Zerodha is essential to navigating the stock market. Whether you are applying for an IPO, managing your portfolio, or transferring shares. So we hope our blog on what are DP ID and Client ID in Zerodha is helpful.

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Saniya

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