4th July 2021, Kathmandu

Renew Demat and Mero Share account online

Every year in mid-July, the Demat (beneficiary) account and Mero Share have to be renewed. The depository members inform the users through the Demat account and renewal of Mero Share until mid-July. Demat and how to renew Mero Share is becoming a topic of interest for many people.

Due to Covid-19, the Demat and Mero Share are not renewed at the office as before. Of course, service providers are also providing services from the office. But, it’s more difficult to go to the office maintaining social distance. Gladly, technology has given the facility to renew Demat and Mero Share account from home.

Why renew the Demat and Mero share account? Good Question, if the Demat and Mero Share account is not renewed, no transaction can be done, including filling out an IPO. Lately, many companies are preparing to issue IPOs. In this case, not renewing the Demat account also means depriving the companies of applying for IPO.

So here we are giving you information on how to renew your Demat account and Mero Share online.

When to renew an account?

The renewal time of the Demat account and Mero Share account are not the same. Because the Demat account has to be renewed at the end of every financial year. That said, the Mero Share account must be renewed within one year of the date you opened the account. If you do not know when you opened your Mero Share account, you can easily get this information from Mero share.

How do I know when to renew?

For that, you have to log in to the Mero Share website first. Of course, Mero Share mobile app is also available. However, this feature to renew is not available in the app. When you log in to Mero Share on the web and access the dashboard, you will see your name on the top right.

Clicking on the name will take you to personal details. Where you will see the expiration date of Demat and Mero Share in the section “Account Information”. Mero Share and Demat accounts need to be renewed before the date mentioned there.

Now to the main “How to renew”?

You can easily renew your Demat account and Mero Share by visiting the company that created the account. Not only that, Mero Share and Demat accounts can be renewed from mobile wallets including eSewa, Khalti, IME Pay, Prabhu Pay. Similarly, there is a facility to renew the account by visiting the concerned bank.

However, there’s no need to visit the office. So here we are teaching you the easy way to pay online. According to the wallet companies, the renewal process may be different. But here we are giving you information on how to renew from Mero Share. Here are the steps that you can follow to renew your account.

• Now start by clicking on your name. Where you saw the expiration date. Now there you will see ‘Renew Account’ in the blue box. Click “Renew Account” to proceed now.
• After clicking on “Renew Account”, you will see payment partners like eSewa, Khalti, Connect IPS on the new page.
• In the meantime, click on the logo of the service provider from which you want to pay.
• By clicking there, you will now be able to choose which Demat account or Mero Share to renew on the new page. Or even renewing both at the same time is also an option.
• If you want to renew both at once, click on the “Mero Share and Demat” box. If you want to renew separately, choose which service you are going to renew.
• Cost Information to renew the service will be available below as you choose the service.
• Renewal for more than one year is also available for investors.
• After selecting the service, you can select the number of years to renew it in the box below and proceed by clicking on “Proceed” at the end.
• As soon as you click on “Proceed”, you will be taken to the website of the payment partner of your choice. For example, if you have chosen eSewa, you will go to the eSewa page. You can log in and pay by clicking on the current payment in your mobile number.
• Finally, your Demat and Mero Share account will be renewed. Hence, there will be no impact on your stock trading.

In this way, you can easily renew your Demat and Mero Share account at home without any experts help.