How to Renew Your Mero Share Account in Nepal 2025

Do you regularly buy and sell shares online in Nepal? If so, you likely know that keeping your Mero Share account up-to-date is crucial for hassle-free trading and participating in IPOs. Renewing your account annually ensures uninterrupted access to these essential services.

This comprehensive guide will walk you through everything you need to know about renewing your Mero Share account, including various online and offline methods. Let’s get started!

Why Should You Renew Your Mero Share Account?

While renewing your DEMAT account annually is mandatory, renewing your Mero Share account is optional but highly recommended. Without it, you lose access to online share trading, IPO applications, and portfolio tracking—critical tools for any investor in Nepal.

Key Points to Remember:

• Validity: Mero Share accounts remain valid for one year from the date of creation or last renewal.
• Renewal Fee: Costs Rs. 50 for Mero Share and Rs. 100 for DEMAT accounts.
• Manual Process: Your account won’t renew automatically—you must take action before expiry.

When Should You Renew?

The renewal process can be done at any time, but it’s best to renew before your account expires to avoid service interruptions. Proactively renewing also keeps you prepared for upcoming IPO opportunities.

Methods to Renew Your Mero Share Account

Here are six convenient ways to renew your account, both online and offline:

1. Renew via the Mero Share Website

The official Mero Share website offers a straightforward way to renew your account. Follow these steps:

1. Open the Mero Share website.
2. Log in by selecting your DP and entering your credentials.
3. Navigate to ‘Mero Share Profile’ at the top-right corner of your dashboard.
4. Click on ‘Renew Account’.
5. Select your preferred payment method and complete the transaction.

Note: This method is quick and ideal for tech-savvy users.

2. Renew via the Merchant Bank’s Website

If your Mero Share account is associated with a bank, you can renew it through their platform. For instance:

1. Visit your depository participant’s (DP) website (e.g., Global IME Capital).
2. Look for options like ‘Mero Share Renewal’.
3. Enter your details and submit the form.
4. You’ll be redirected to e-banking to complete the payment.

Pro Tip: Not all banks support this method, so confirm with your bank before proceeding.

3. Renew via Digital Wallets

Digital wallets such as eSewa and Khalti provide a convenient way to renew your account. Here’s how:

1. Open your preferred digital wallet.
2. Navigate to ‘Financial Services’.
3. Select ‘DEMAT Mero Share’.
4. Enter your DP name, username, and other details.
5. Complete the payment process.

Why Use Wallets? They are fast, secure, and accessible 24/7.

4. Renew via Mobile Banking

If you prefer using your bank’s mobile app, you can renew your account in just a few steps:

1. Log in to your mobile banking app.
2. Click on ‘Capital’ or ‘Financial Market’.
3. Select your DP and fill in the necessary details.
4. Proceed to payment.

Tip: Ensure your mobile banking app supports this service.

5. Renew via Connect IPS

Connect IPS is another secure and efficient option:

1. Log in to your Connect IPS account.
2. Navigate to ‘Financial Institution’ and choose ‘Capital Market’.
3. Select ‘Meroshare Fee’.
4. Provide your DP details and confirm the payment.

Reminder: Link your bank account to Connect IPS before starting the process.

6. Renew at a Bank Branch

If online methods aren’t accessible, visit your bank’s branch to renew your account:

1. Carry your Mero Share ID and necessary documents.
2. Request the renewal at the counter.
3. Pay the renewal fee in cash.

Best For: Those who prefer face-to-face interactions or lack internet access.

Cost of Renewal

• Mero Share account renewal fee: Rs. 50
• DEMAT account renewal fee: Rs. 100

Conclusion

Renewing your Mero Share account is a straightforward process with multiple options available. Whether you prefer online methods like the Mero Share website or offline methods like visiting your bank, staying proactive ensures uninterrupted trading and investment opportunities.

Take action today to keep your account active and enjoy seamless access to Nepal’s stock market.

FAQs