Investing in the Nepal Stock Market is becoming an easier process, but to open DEMAT account online, TMS (Trading Management System) and MeroShare – can feel like a daunting work. What if you could open all these accounts, along with CASBA and saving account at the same time online, from the comfort of your home or office? Ek Sath 5 from Global IME Bank is your digital solution for these; no more waiting in line.
What is Global IME Bank’s Ek Sath 5 Service?
Ek Sath 5 is Global IME Bank’s unique service that allows you to apply to open demat account online including the following account types specifically for investing, all online:
- DEMAT Account: This account holds your shares electronically.
- MeroShare: This is an online account portal that will give you access to view your shareholdings, apply for IPO/FPO’s/Right Shares, and manage your portfolio of investments.
- TMS (Trading Management System): This is your online account system for trading (buying/selling) share’s on the Nepal Stock Exchange (NEPSE).
- CASBA (C-ASBA): This stands for Centralized Application Supported by Blocked Amount – it’s the online system will allow you to apply for any public issue (IPO, FPO, Rights Shares) and have the amount blocked in your bank account.
- By providing these services together under “Ek Sath 5”, Global IME Bank provides a unified and fully automatized channel for you to start and manage your market investments electronically.
- Saving Account: This is the bank account which you can use for financial transactions including investment!
To apply and open DEMAT account online via EkSath5 through Global IME Bank Digital Universe, follow these simple steps.
- Go to the link: On your browser, type o5r copy and paste the above link to access the Global IME Bank Digital Universe portal: (https://digitaluniverse.gibl.com.np/)
- Click Services: The “Demat, Meroshare, CASBA, TMS Request” link will be found in this tab.
- You will be asked to verify your Mobile Number: Enter the mobile number linked however – this in order for your bank to verify your account number and account holder information (once you have accessed the services).
- Enter the One-Time Password (OTP): The One-Time Password will be sent to the registered mobile number (or email for international customers) – enter your OTP and click Next.
- Check details: Most of the required details will be auto-filled; you can review it accordingly and then you can fill in the other (missing) details.
- Upload supporting documents: The system will request that you upload the relevant supporting documents.
- Submit Request – Once you have filled the details and your documentation has been uploaded, submit your application.
- Processing – Your request will be sent to your linked bank account branch for initial verification.
- Finalizing – The branch will verify your details and documents and will submit your request for processing with the appropriate department (i.e., Depository Participant for DEMAT, Broker for TMS, etc.)
- Receive Details – Successfully completed requests will receive all their account details (DEMAT number, MeroShare details, TMS credentials) through email.
That’s all there is to it! You’ve successfully completed your online application to open your DEMAT, TMS, MeroShare and CASBA accounts with Global IME Bank.
