Functioning of IDEAS

IDEAS is an Internet based service offered by National Securities Depository Limited (NSDL) through which demat account holders (including brokers) can view their latest holdings / transactions through SPEED-e website https://speed-e.nsdl.com. The transaction statement of the previous month will also be available for download.

Subscribing to IDEAS

You can register yourself as a Password User or as a Smart Card User.

Password User – kindly fill up the online registration form for new Users. You can choose your own "User ID" and "Password". Fill up the registration form, select the service as “IDEAS” and click "submit", to get an acknowledgement. Take a printout of the registration form or note down the registration number. Kindly download the IDEAS application form or obtain the same from our Demat authorized branches, fill it along with the registration number you got through online registration and submit it to us. On receipt of the form, we will register you as a Password User and thereafter you can view the positions in your Demat account, through IDEAS.

Smart Card User - You can download the IDEAS application for Smart Card User or can obtain the same from our Demat authorized branches . Fill the form and submit it to us. On receipt of the form you would be registered as a Smart Card User. You will be provided with a Smart Card Kit, Digital Signature Certificate and Personal Identification Number (PIN) through NSDL approved vendor. Using Smart Card, you can view the positions in your Demat account, through IDEAS.

Safety Features available in IDEAS

IDEAS displays the date and time when the USER had last accessed his/her/their account through the net and thus he/she/they can keep track of the access, to the Demat account.

Only alphanumeric combination is allowed as password. Further, as an additional safety measure, User is required to change the Password after every 60 days to avoid prolonged use of the same Password.

Smart Card with Digital Signature – usage of Smart Card User for viewing is treated as digitally signed by the User, which ensures the integrity of the instruction and authenticity of the User's authentication.

Benefits of IDEAS

The latest holdings / transactions in your demat account will get reflected on an online mode, as the same is updated by NSDL directly.

Download and store the previous month transaction statement.

Saves time and effort in obtaining the positions in the Demat account from the DP.

Need not wait for the monthly statement from DP to check your purchases or to place order for sale, after confirming the credit of securities.

Even if the DP is unable to connect to NSDL for some reason, your latest positions can be viewed through IDEAS.

Nominal Charges

Charges for usage of IDEAS service are very nominal as compared to the benefits accruing with the service. The charges applicable for this service are as follows:

Type of Charge	Password User	Smart Card User
Quarterly Maintenance Charges for IDEAS facility (as charged by NSDL)	Rs.10/-	Rs.10/-
Set up cost**	- NIL -	Rs.6,000/- to Rs.7,000/-
** Smart Card and Smart Card Reader kit has to be procured from NSDL approved vendors. The amount mentioned has to be paid to the vendor directly and not to DP.