Demat & MeroShare
Ultimate Share Market Command Center
2082/83 Edition | DEMAT & MEROSHARE Complete Guide | SEBON & CDSC Rules 2026
MODULE 1: DEMAT ACCOUNT (डिम्याट खाता)
Your digital vault for storing shares – Without this, you cannot enter the share market.
IMPORTANT RULE 2026
LIMIT: You can have MAXIMUM 2 DEMAT accounts legally. But for IPO applications, you must use ONLY ONE. Applying from multiple Demat accounts = AUTOMATIC DISQUALIFICATION.
Required Documents (Updated 2082/83)
| Account Type | Documents Required | Special Notes |
|---|---|---|
| Individual |
| Most banks now require address proof |
| Minor (Under 18) |
| Account freezes at age 18 |
| Corporate |
| Company seal mandatory |
Address Proof Requirements
Accepted Documents (Any ONE):
- Electricity Bill (Last 3 months)
- Water Bill (Last 3 months)
- Telephone Landline Bill
- Rental Agreement (Registered)
- Ward Recommendation Letter
- Passport (with address page)
- Driving License
Note: Nabil, NIC Asia, Global IME strictly require address proof for new DEMAT accounts.
Lifetime Demat Scheme 2026
Some banks offer “Lifetime Demat” for one-time payment:
| Bank | One-time Fee | Annual Saving | Recommendation |
|---|---|---|---|
| NIC Asia Bank | Rs. 999 | Rs. 100/year | BEST VALUE |
| Nabil Bank | Rs. 1,500 | Rs. 100/year | Good for long-term |
| Global IME Bank | Rs. 1,200 | Rs. 100/year | Popular choice |
Tip: If you plan to invest for 10+ years, Lifetime Demat saves Rs. 1,000+.
MODULE 3: CRN NUMBER & C-ASBA CHARGES
The bridge between your bank account and Demat account. Proves you have money to buy shares.
THE “CRN INVALID” TRAP
Your CRN becomes INVALID immediately if:
- Your bank account becomes DORMANT (6 months inactive)
- You transfer account to DIFFERENT BRANCH
- Minor turns 18 (needs account type upgrade)
- Bank changes its C-ASBA system/software
How to Fix Invalid CRN
- Visit your bank branch IN PERSON
- Ask for “C-ASBA Re-registration” or “CRN Update”
- Fill new C-ASBA form with current account details
- Get new CRN number (usually same day)
- Update in MeroShare: My ASBA > Bank Registration
Bank-wise C-ASBA Charges (Updated 2082/83)
Note: Most banks charge Rs. 5 per IPO application. Some development banks and finance companies offer FREE C-ASBA.
| Commercial Banks | C-ASBA Charge | Development Banks | C-ASBA Charge | Finance Companies | C-ASBA Charge |
|---|---|---|---|---|---|
| Rastriya Banijya Bank | FREE | Shine Resunga Dev Bank | FREE | Best Finance Limited | FREE |
| Nabil Bank | FREE | Green Development Bank | FREE | Central Finance Limited | FREE |
| Standard Chartered Bank | FREE | Mahalaxmi Bikas Bank | Rs. 5 | Gurkhas Finance Ltd | FREE |
| Nepal Bank Limited | Rs. 5 | Muktinath Bikas Bank | Rs. 5 | Manjushree Finance Ltd | FREE |
| Agricultural Dev Bank | Rs. 5 | Garima Bikas Bank | Rs. 5 | Shree Investment Finance | Rs. 5 |
| Nepal Investment Mega | Rs. 5 | Jyoti Bikas Bank | Rs. 5 | ||
| Himalayan Bank | Rs. 5 | Lumbini Bikas Bank | Rs. 5 | ||
| Nepal SBI Bank | Rs. 5 | Excel Development Bank | Rs. 5 | ||
| Everest Bank | Rs. 5 | Sangrila Dev Bank | Rs. 5 | ||
| Kumari Bank | Rs. 5 | Narayani Dev Bank | Rs. 5 | ||
| Laxmi Sunrise Bank | Rs. 5 | ||||
| Citizens Bank Intl | Rs. 5 | ||||
| Prime Commercial Bank | Rs. 5 | ||||
| Sanima Bank | Rs. 5 | ||||
| Machhapuchchhre Bank | Rs. 5 | ||||
| NIC Asia Bank | Rs. 5 | ||||
| Global IME Bank | Rs. 5 | ||||
| NMB Bank | Rs. 5 | ||||
| Prabhu Bank | Rs. 5 | ||||
| Siddhartha Bank | Rs. 5 |
Smart Bank Selection Tips
- Free C-ASBA Banks: RBB, Nabil, Standard Chartered – Best for frequent IPO applicants
- Development Banks: Shine Resunga, Green Dev Bank offer FREE C-ASBA
- Finance Companies: Best Finance, Central Finance offer FREE C-ASBA
- Calculate Cost: 20 IPOs/year with Rs. 5 charge = Rs. 100 extra cost
MODULE 4: OPERATIONAL COSTS 2082/83
Know these costs to avoid “insufficient balance” rejections.
| Service | Cost | Frequency | Deadline | IMPORTANT NOTE |
|---|---|---|---|---|
| Demat Renewal | Rs. 100 | Yearly | Ashadh end (July 15) | Failure = Account Freeze NO SELLING |
| MeroShare Renewal | Rs. 50 | Yearly | When expired | Can’t apply IPO if expired |
| C-ASBA Charge | Rs. 0 – 5 | Per IPO | During application | Choose FREE banks (RBB, Nabil, Standard Chartered) |
| DP Charge | Rs. 25 | Per Sell | Deducted from payout | Automatic deduction |
| Capital Gains Tax | 5% or 7.5% | Per Profit | When selling | 5% if >365 days | 7.5% if ≤365 days |
| Broker Commission | 0.4% – 0.6% | Per Transaction | Buy/Sell time | Negotiable for high volume |
Annual Cost Calculator
Basic Investor (10 IPOs/year + 5 sells):
- Demat Renewal: Rs. 100
- MeroShare: Rs. 50
- C-ASBA Charges: 10 × Rs. 5 = Rs. 50
- DP Charges: 5 sells × Rs. 25 = Rs. 125
- Total: Rs. 325/year
Tip: With FREE C-ASBA bank, save Rs. 50/year. Keep Rs. 500 reserved for annual charges.
MODULE 5: IPO APPLICATION PROTOCOL
Follow this exact sequence to avoid “Verified but Not Allotted”.
NAME MATCH RULE
NEVER apply for Wife/Husband using YOUR bank account. Bank Account Name and Demat Name MUST match 100%.
Step-by-Step IPO Application
- Load Cash: Bank balance > (Application Amount + C-ASBA fee)
- MeroShare Login: Go to
My ASBA→Current Issue→Apply - Select Bank: Choose bank linked to your CRN
- Enter Kitta: Usually 10 units minimum (Rs. 100 per share = Rs. 1,000)
- Enter CRN: Type CRN provided by bank (keep it written)
- Enter PIN: 4-digit Transaction PIN (not login password)
- Submit & Verify: Check status after 15 minutes
Status Decoder
| Status | Meaning | Action Required |
|---|---|---|
| Unverified | Application submitted | Wait 15-30 minutes |
| Verified | Bank blocked money ✅ | SUCCESS – Wait allotment |
| Rejected | Application failed | Check: Balance, CRN, Double application |
Why Money Not Blocked?
- CRN Invalid (Account dormant/branch changed)
- Insufficient Balance (Forgot Rs. 5 C-ASBA fee)
- Double Application (Applied from another Demat)
- MeroShare Expired (Check expiry date)
- Email Not Verified (Check email for verification link)
MODULE 6: SELLING & EDIS (DANGER ZONE)
This is where beginners get fined 20%. Follow T+2 rule strictly.
THE 20% CLOSEOUT FINE
Forget EDIS/WACC on time? 20% of transaction value fine.
Example: Sold shares worth Rs. 1 Lakh → Fine = Rs. 20,000
T+2 Settlement Rule
T+2 means: Transaction Day + 2 Working Days
- Sunday: Sell shares
- Monday (T+1): Do EDIS transfer BEFORE MARKET CLOSE
- Tuesday (T+2): Settlement completes
Step-by-Step Selling Procedure
- Sell Order: Place sell order via Broker (TMS)
- WACC Calculation (MANDATORY):
- Go to MeroShare >
My Purchase Source - Select scrip → Click
Proceed - Check box → Update
- Why: Tells system your purchase price for tax calculation
- Go to MeroShare >
- My Holdings: Check
My Holdingsto confirm calculation - EDIS Transfer (CRITICAL):
- Go to
My EDIS→Transfer Shares - Select sold shares → Click
Transfer - DEADLINE: BEFORE market closes next day (T+1)
- Go to
Smart Selling Tips
- Sell in morning → Do EDIS same day (safest)
- Set phone reminder for EDIS deadline
- Check DP charge deduction (Rs. 25)
- Keep CGT certificate for tax filing
- Use email notifications for transaction alerts
MODULE 7: MINOR & FAMILY ACCOUNTS
Special rules for accounts under 18 years.
THE “18th BIRTHDAY” LOCK
The day child turns 18, Demat account AUTO-FREEZES. No selling/buying until converted to Individual account.
Fixing Frozen Minor Account
- Child (now adult) visits Capital/Bank with OWN Citizenship
- Fill “Minor to Individual Conversion Form”
- Submit Guardian’s Citizenship (for verification)
- New photos (2 copies)
- Provide new email address (mandatory)
- Address proof (utility bill)
- Processing time: 3-7 working days
Family Management Tips
- One Device, Multiple Accounts: You CAN login to multiple MeroShare accounts (Husband, Wife, Kids) from same phone
- Different Banks OK: Family members can use different banks (no IPO penalty)
- Minor IPO: Apply for minors – Same probability as adults
- Guardian Control: Minor account operated ONLY by guardian until 18
- Email for Each: Each family member needs unique email for MeroShare
MODULE 8: CRITICAL FAQ (2082/83)
Most asked questions with updated answers.
Q: Can I sell IPO shares immediately?
A: YES. Once shares are listed on NEPSE (3-7 days after allotment) and appear in your MeroShare, you can sell immediately.
Q: What are “Grandfathered” shares?
A: Old paper share certificates. They are USELESS until Dematerialized. Visit your Capital with paper certificate to convert to digital shares.
Q: My shares show in MeroShare but not in TMS?
A: Normal. TMS updates slower. For selling, shares must be in MeroShare → Broker syncs automatically when you place sell order.
Q: Can I change my Demat DP?
A: YES, but with conditions:
- Fill DP Transfer Form
- No pending transactions
- All shares must be in “free” status
- Processing time: 7-15 days
- Not recommended unless absolutely necessary
Q: What is SEBON’s new rule for 2083?
A: SEBON is implementing Real-time Settlement System to reduce T+2 to T+1. Expected implementation: Ashadh 2083.
Q: Can I use same email for multiple Demat accounts?
A: NO. Each Demat account requires unique email address for MeroShare registration and notifications.
FINAL CHECKLIST FOR IPO DAY
RENEWAL REMINDER SYSTEM
Set annual reminders for:
- Ashadh 30: Demat Renewal (Rs. 100)
- MeroShare Expiry: 1 month before expiry (Rs. 50)
- CRN Check: Every 6 months (visit bank if dormant)
- Minor Birthday: 1 month before 18th birthday
- Email Check: Regularly check registered email