How to Determine Whether Your Zerodha Account is NSDL or CDSL

When you opened your Zerodha account, you might have wondered whether it is associated with NSDL National Securities Depository Limited or CDSL Central Depository Services Limited. This article will guide you through the process of identifying which depository your Zerodha account is linked to, ensuring you have the correct information at your fingertips.

Check Your Demat Account Details

The first and most straightforward method to determine if your Zerodha account is with NSDL or CDSL is by checking your Demat account details. Here's how you can do it:

Logged into your Zerodha account via the Zerodha Kite app or website. Navigate to Account Opening Documents.

When you opened your account, you would have received documents that include your Demat account details. These documents should provide you with the information regarding which depository your account is associated with. If you find a mention of NSDL or CDSL, you have your answer.

Contact Zerodha Support

If you are unable to find the relevant information in your account details or documents, the next step is to contact Zerodha's customer support. Zerodha offers support through their helpdesk, chat support, or email inquiries. They can provide you with the specific depository associated with your account.

Examine Your DP ID

Your Depository Participant (DP) ID is another important indicator of your depository. A DP ID starting with a Z followed by 8 digits is associated with CDSL, while an ID starting with IN is linked to NSDL. This is a quick and effective way to identify your depository without much hassle.

Additional Information for Zerodha Accounts Opened Before 2015

If you opened your Zerodha account before 2015, it is almost certain to be with NSDL. This is because Zerodha had an earlier partnership with ILFS, which is now no longer the case. Zerodha has since developed its own Demat solution with CDSL. You can verify the depository details in your back office profile section. If your DP ID starts with 12081600, it indicates a CDSL Demat. If it starts with IN3005, it indicates an NSDL Demat.

Review Client Master List

Another reliable source to check your depository details is the client master list provided to you by your broker upon the initial opening of your demat and trading account. This document contains comprehensive information about your account, including the depository details.

For accurate identification, your broker will prominently indicate that you are dealing with a Depository Participant of CDSL. Keep this document for future reference and to ensure you have the most up-to-date information about your Zerodha account depository.

By following these steps, you should be able to easily determine whether your Zerodha account is linked to NSDL or CDSL, and be confident in the depository that manages your investments.