What are DP ID and Client ID in Zerodha?

If you are an investor using Zerodha, you might have wondered, What are DP ID and Client ID in Zerodha? These two numbers are important for buying shares, selling them, applying for IPOs, and handling your Demat account.
What is DP ID in Zerodha?
DP ID means Depository Participant ID. Imagine your Demat account is like a locker where you keep your shares safe. The DP ID is like the branch code of the bank that owns the locker. Zerodha is linked to CDSL (Central Depository Services Ltd), so CDSL gives Zerodha a unique code. This code is called DP ID.
For example, for DP ID in Zerodha, for most Zerodha accounts, the DP ID is 12081600.
What is Client ID in Zerodha?
Client ID is your personal account number inside Zerodha. If DP ID is the branch code, Client ID is your locker number. It is unique to you and helps Zerodha identify your Demat account.
For example, in Client ID, if your Demat account looks like 12081600 01234567, the 01234567 is your Client ID
What’s the Difference Between DP ID and Client ID?
Let’s keep it simple:
DP ID | Client ID |
Same for all Zerodha accounts (12081600) | Different for every user |
Like the branch code | Like your locker number |
Given by CDSL to Zerodha | Given by Zerodha to you |
Identifies Zerodha as DP | Identifies you as the client |
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.
Why are DP ID and Client ID Important?
Together, DP ID + Client ID make your 16-digit Demat account number. Imagine if you’re buying a flat, you need both the building code and the flat number. Similarly, DP ID + Client ID tells the stock market where your shares are stored. You need them for:
- Buying or selling shares
- Applying for IPOs
- Transferring shares
- Pledging shares for margin
Also Check: What is BO ID in Zerodha?
Conclusion
In conclusion, DP ID shows which depository participant (Zerodha) holds your Demat account. Client ID shows which specific account belongs to you. Together, they make up your Demat account number that you’ll need for any share-related activity.