What is a BO ID?
BO ID stands for Beneficiary Owner Identification Number. It’s an 8-digit number assigned by CDSL to uniquely identify your demat account held through Zerodha. This number acts like your account number within the depository system.
What is BO ID in Zerodha?
Investing in the stock market often involves opening a demat account to hold your shares electronically. Zerodha, a popular Indian brokerage firm, uses the Central Depository Services Limited (CDSL) as the depository for its clients’ demat accounts. When you open a demat account with Zerodha, you’ll receive a unique identification number called a BO ID.
Contact Us