A DP ID (Depository Participant Identification) is an 8-digit unique code assigned to the Depository Participant, such as Ventura Securities, who is an intermediary between investors and central depositories (NSDL or CDSL). It is a crucial part of the 16-digit Demat account number, helping to direct your securities transactions to the correct DP for processing.
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What is DP name in a Demat account?