A total of 74 institutions will open a Demat account for you to invest on the Nepal Stock Exchange (NEPSE). They are commercial banks, their capital/ investment banking subsidiaries, stockbroker offices, and finance companies.
The institution that opens a Demat account for you is called the Depository Participant, or simply DP.
Inside this article:
1) A list of all the companies that will open a Demat account for you.
2) A list only of the Stockbrokers that will open a Demat account for you.
3) A list only of the Commercial Banks that will open a Demat account for you.
4) A list only of the Development Banks that will open a Demat account for you.
5) A list only of the Finance companies that will open a Demat account for you.
6) A list only of the Capitals and Merchant Bankers that will open a Demat account for you.
Note:
1) Some banks will open a Demat account for you themselves. For example, Everest Bank will act as a Depository Participant itself while opening a Demat account for you.
Meanwhile, some banks will open a Demat account for you from their investment subsidiary. For example, Nabil Bank will open a Demat account for you via Nabil Invest. Similarly, if you go to Sunrise Bank to make your Demat account, they will accept your application and send it to Sunrise Capital.
First of all, let me unveil the entire list of companies that open a Demat account for you. This list includes all the list of commercial banks, their capital/ investment banking subsidiaries, stockbroker offices, and finance companies that open a Demat account for you.
1) A list of all the companies that will open a Demat account for you.
| S.N. | Institution to Open Demat Account |
| 1 | ABC Securities |
| 2 | Agrawal Securities |
| 3 | Agricultural Development Bank Ltd. |
| 4 | Aryatra Securities |
| 5 | Ashutosh Securities |
| 6 | Asian Securities |
| 7 | Bank of Kathmandu |
| 8 | Bhrikuti Securities |
| 9 | Century Commercial Bank |
| 10 | Citizens Bank |
| 11 | Civil Capital |
| 12 | Creative Securities |
| 13 | Crystal Securities |
| 14 | Dakshinkali Securities |
| 15 | Deevya Securities |
| 16 | Dipshikha Securities |
| 17 | Dynamic Money Managers |
| 18 | Everest Bank |
| 19 | Global IME Bank |
| 20 | Global IME Capital |
| 21 | Guheswori Merchant Banking & Finance |
| 22 | Himalayan Capital |
| 23 | ICFC Finance |
| 24 | Imperial Securities |
| 25 | Jyoti Bikash Bank |
| 26 | Kailash Bikash Bank |
| 27 | KCL Astute Capital |
| 28 | Kohinoor Securities |
| 29 | Kriti Capital |
| 30 | Kumari Bank |
| 31 | Laxmi Capital |
| 32 | Linch Stock Market Limited |
| 33 | Machhapuchchhre Bank |
| 34 | Mahalaxmi Bikash Bank |
| 35 | Market Securities Exchange |
| 36 | Mega Capital |
| 37 | Muktinath Capital |
| 38 | Naasa Securities |
| 39 | Nabil Invest |
| 40 | National Merchant Bankers |
| 41 | Nepal Bangladesh Bank |
| 42 | Nepal Bank Limited |
| 43 | Nepal Credit & Commerce Bank |
| 44 | Nepal DP Limited |
| 45 | Nepal SBI Bank |
| 46 | Nepal Stock House |
| 47 | NIBL Ace Capital |
| 48 | NIC Asia Bank |
| 49 | NMB Capital |
| 50 | Online Securities |
| 51 | Oxford Securities |
| 52 | Prabhu Bank |
| 53 | Prabhu Capital |
| 54 | Premier Securities |
| 55 | Primo Securities |
| 56 | Provident Merchant Banking |
| 57 | RBB Merchant Banking |
| 58 | Sani Securities |
| 59 | Sanima Bank |
| 60 | Secured Securities |
| 61 | Sewa Securities |
| 62 | Shree Krishna Securities |
| 63 | Siddhartha Capital |
| 64 | Sipla Securities |
| 65 | South Asian Bulls |
| 66 | Sri Hari Securities |
| 67 | Sumeru Securities |
| 68 | Sundhara Securities |
| 69 | Sunrise Capital |
| 70 | Trishul Securities |
| 71 | Triskhakti Securities |
| 72 | United Finance |
| 73 | Vision Securities |
| 74 | Wealth Management & Merchant Banking |
2) A list only of the Stockbrokers that will open a Demat account for you.
Now, the following is the list of Stockbrokers that will open a Demat account for you. Some consider it convenient to open a Demat account from a stockbroker company and also open a trading account from the same company.
A total of 34 stockbroker companies are available for you to open a Demat account. I have also included the best link to the broker company’s website that will address your need.
3) A list only of the Commercial Banks that will open a Demat account for you.
15 commercial banks will act as your DP without redirecting your application to their respective capital.
| S.N | Commercial Bank | Most Helpful Link |
| 1 | Agricultural Development Bank Ltd. | https://www.adbl.gov.np/ |
| 2 | Bank of Kathmandu | https://www.bok.com.np/ |
| 3 | Century Commercial Bank | https://www.centurybank.com.np/ |
| 4 | Citizens Bank | https://www.ctznbank.com/services/demat |
| 5 | Everest Bank | https://everestbankltd.com/product-and-services/capital-services/dipository-participant-dp-service/ |
| 6 | Global IME Bank | https://globalimebank.com/ |
| 7 | Kumari Bank | https://www.kumaribank.com/ |
| 8 | Machhapuchchhre Bank | https://www.machbank.com/ |
| 9 | Nepal Bangladesh Bank | https://www.nbbl.com.np/page/banking_services/demat_account |
| 10 | Nepal Bank Limited | https://www.nepalbank.com.np/asba.html |
| 11 | Nepal Credit & Commerce Bank | https://nccbank.com.np/ |
| 12 | Nepal SBI Bank | https://nsbl.statebank/home |
| 13 | NIC Asia Bank | https://www.nicasiabank.com/ |
| 14 | Prabhu Bank | https://www.prabhubank.com/ |
| 15 | Sanima Bank | https://www.sanimabank.com/products/accounts–deposits/3-in-1-accounts |
4) A list only of the Development Banks that will open a Demat account for you.
Three Development Banks currently function as a Depository Participant.
| S.N | Development Bank | Most Helpful Link |
| 1 | Jyoti Bikash Bank | https://jbbl.com.np/personal-banking/services/depository-participant-service |
| 2 | Kailash Bikash Bank | Now acquired by Prime Bank. https://www.primebank.com.np/ |
| 3 | Mahalaxmi Bikash Bank | http://www.mahalaxmibank.com/demat-accounts.html |
5) A list only of the Finance companies that will open a Demat account for you.
Three Finance companies currently function as a Depository Participant.
| S.N | Finance Company | Most Helpful Link |
| 1 | Guheswori Merchant Banking & Finance | https://www.gmbf.com.np/services/details/4 |
| 2 | ICFC Finance | https://icfcbank.com/services/demat |
| 3 | United Finance | https://www.ufl.com.np/ |
6) A list only of the Capitals and Merchant Bankers that will open a Demat account for you.
There are 19 capital/ merchant bankers that act as a Depository Participant. Unlike banks, these institutions are specifically dedicated for investment-related services.
