what is bo details

BO ID stands for Beneficiary Owner Identification Number, which is a unique identification number assigned to each Demat account holder and is registered with the Central Depository Services Limited (CDSL) or National Securities Depository Limited (NSDL) . It is a 16-digit alphanumeric code that is unique to each Demat account holder, with the first 8 digits representing DP ID with CDSL and the last 8 digits representing the client ID. The BO ID is used to track the ownership and movement of securities held in the Demat account. It is required for all transactions related to the Demat account, such as the purchase and sale of shares, bonds, mutual funds, etc. . Different brokers have different websites or accounts through which you can find your BO ID by logging in through the system or mobile app. The general steps to locate the BO ID are to log in, go to account, and select Demat. DP ID + BO ID is the 16-digit number listed under the Demat ID subheading.