What Are MeroShare and DEMAT Accounts?
A DEMAT account (Dematerialized account) is a digital locker where your shares are stored. In Nepal, all DEMAT accounts are managed through CDSC (CDS and Clearing Limited). The bank or broker that opened your account is called your Depository Participant, or DP.
MeroShare is the online platform by CDSC where you apply for IPOs, check your portfolio, and manage your holdings. You can access it at meroshare.cdsc.com.np or through the MeroShare mobile app.
Your BOID (Beneficiary Owner Identification number) is the unique 16-digit number linked to your DEMAT account. You will need it every time you renew.
How Much Does MeroShare and DEMAT Renewal Cost?
- MeroShare fee: Rs. 50 per year
- DEMAT maintenance fee: Rs. 100 per year
- Total: Rs. 150 per year
You can pay up to 10 years in advance. Paying for 10 years at once costs Rs. 1,500 in total and means you never have to think about renewal for the next decade.
When Do You Need to Renew MeroShare and DEMAT Account?
Your DEMAT account must be renewed by the end of Ashadh (around mid-July) every Nepali fiscal year. This applies to all accounts, even ones opened just a few days before the year ends.
Your MeroShare account works differently. It renews annually based on the date it was first created. So if you registered on Ashwin 21, you need to renew it before Ashwin 20 the following year.
A simple habit: check both expiry dates once a year during Ashadh and renew together.
What Happens If You Do Not Renew MeroShare and DEMAT?
Your account gets frozen. You will not be able to:
- Log in to MeroShare
- Apply for IPOs, FPOs, or Right Shares
- Sell shares or authorize EDIS transfers
Your shares are not lost. CDSC keeps them safe regardless of renewal status. But you cannot do anything with them until the account is active again.
How to Check Your MeroShare and DEMAT Account Expiry Date
- Log in to meroshare.cdsc.com.np
- Click your name at the top-right corner
- Go to “My Details”
- Check the “Account Expiry Date” field
If the status shows “Frozen for Debit”, your account has already expired. If you cannot log in at all and see “Account Expired,” you can still renew using just your BOID through eSewa or Khalti without logging in first.
5 Ways to Renew MeroShare and DEMAT Online
Method 1: Through the MeroShare Portal ⭐ Recommended
This is the best option for most people. You renew both accounts in one place and choose your preferred payment method right there.
- Log in to meroshare.cdsc.com.np or the MeroShare app
- Click your name at the top-right corner
- Click “Renew Account”
- Choose how many years (1 to 10)
- Select your payment method (eSewa, Khalti, ConnectIPS, etc.)
- Complete the payment and save the confirmation screenshot
Method 2: Through eSewa
Use this if your MeroShare account is already expired and you cannot log in. You can renew directly from the eSewa app on your phone or from the eSewa website on a computer.
- Open the eSewa app or visit esewa.com.np
- Go to “Stock/Share” or “DEMAT and MeroShare”
- Select both “MeroShare Renewal” and “DEMAT Renewal”
- Enter your 16-digit BOID
- Choose the number of years and confirm the payment
- Save the receipt
Method 3: Through Khalti
Khalti works the same way as eSewa. You can use the Khalti app or the Khalti website.
- Open the Khalti app or visit khalti.com
- Go to “Stock/Investment” or “Capital Market”
- Find “MeroShare” or “DEMAT Renewal”
- Enter your 16-digit BOID
- Choose the number of years and confirm the payment
- Save the confirmation
Method 4: Through Mobile Banking or Internet Banking
Most banks in Nepal now include a DEMAT renewal option inside their mobile banking app, usually under “Capital Market” or “Financial Services.”
- Log in to your bank’s mobile app
- Go to “Capital Market” or “Investment Services”
- Select “DEMAT Renewal” and choose your DP from the list
- Enter your BOID and the number of years
- Confirm with your PIN or OTP
Note: Not all banks list every DP. If yours is not showing, use eSewa, Khalti, or Method 5 instead.
Method 5: Through ConnectIPS
ConnectIPS is operated by Nepal Clearing House Ltd (NCHL) and lets you pay straight from your bank account without topping up a wallet first.
- Log in to connectips.com or open your bank’s app if it includes ConnectIPS
- Go to “Financial Institutions” then “Capital Market”
- Select “MeroShare Fee” or “DEMAT Fee”
- Enter your BOID, select your DP, and enter the amount
- Confirm with your OTP
Note: The information in this article is meant to help you understand the general renewal process. Most details here are accurate based on public information available at the time of writing. However, renewal steps, and platform interfaces can change. Some terms may also vary depending on your DP. When in doubt, confirm the exact process directly with your bank, broker, or merchant banker before making any payment.
Not Comfortable Doing It Online?
If you are not confident using any of the above methods, that is completely fine. You can visit your bank, broker, or merchant banker in person and renew physically at their counter. Just carry your BOID number and a valid ID. The staff will help you complete the process.
Important: Protect Yourself from Fraud
Never share your OTP with anyone. No bank, broker, or payment company will ever ask for your OTP over the phone or in a message. If someone asks for it, it is a scam.
Do not click links in SMS or messages to renew. Fraudsters send fake renewal links that look official. Always go directly to the official app or website — eSewa, Khalti, ConnectIPS, or meroshare.cdsc.com.np. Never open a payment page from a link someone sent you.
Only use official platforms. Do not pay through informal agents, unknown websites, or anyone who messages you offering to renew on your behalf.
Things to Keep in Mind
Renew both accounts, not just one. MeroShare and DEMAT are separate. If you only pay for MeroShare, your DEMAT status stays “Pending” and you still cannot apply for IPOs. Pay both together.
Check your BOID carefully. Always double-check before confirming.
Do not renew the day before an IPO closes. Renew at least a week early if a big IPO is coming.
Always save your payment screenshot.
Quick Checklist Before You Pay
- Check your expiry date in MeroShare under “My Details”
- Have your 16-digit BOID ready
- Open eSewa, Khalti, ConnectIPS, or your bank app — or log in to MeroShare directly
- Select both DEMAT Renewal and MeroShare Renewal
- Choose the number of years (1 to 10) and pay
- Save the receipt screenshot
- Check your MeroShare status later — it should show “Active”
Frequently Asked Questions
Can I renew my account if it has already expired?
Yes. Use eSewa or Khalti and enter your BOID directly. You do not need to log in to MeroShare first. Your account will be reactivated after the DP processes the payment.
Will my shares disappear if I miss renewal?
No. CDSC keeps your shares safe regardless. You just cannot access them until your account is active again.
Do I need to renew MeroShare and DEMAT separately?
They have separate fees but you can pay both in one session through the MeroShare portal or your digital wallet. Always pay both at the same time to avoid partial access issues.
How many years can I pay in advance?
Up to 10 years. Total cost for 10 years is Rs. 1,500. It is a good option if you want to skip the annual renewal process entirely for a long time.
Can a family member renew on my behalf?
Yes. The payment platforms only need your BOID number. A family member can pay from their eSewa or Khalti account using your BOID and it will apply to your account.
What is a BOID and where do I find it?
BOID is the unique 16-digit number for your DEMAT account. You can find it on your account opening letter, on the MeroShare dashboard after logging in, or by asking the bank or broker who opened your account.
Can I renew from outside Nepal?
Yes. As long as you have access to eSewa, Khalti, ConnectIPS, or your bank’s app and know your BOID, you can renew from anywhere.