{"id":13880,"date":"2023-04-24T13:50:47","date_gmt":"2023-04-24T08:20:47","guid":{"rendered":"https:\/\/localhost:4433\/wordpress\/?p=13880"},"modified":"2023-04-24T14:26:54","modified_gmt":"2023-04-24T08:56:54","slug":"understanding-bo-id-in-zerodha-unique-identification-number","status":"publish","type":"post","link":"https:\/\/localhost:4433\/wordpress\/understanding-bo-id-in-zerodha-unique-identification-number\/","title":{"rendered":"Understanding BO ID (Beneficiary Owner Identification Number) in Zerodha"},"content":{"rendered":"\n<p>A<strong> BO ID <\/strong>or Beneficiary Owner Identification Number is a unique 8 Digits Number assigned to an investor\u2019s demat account in the stock market. It is a <strong>crucial component of the Depository Participant (DP) account<\/strong>, which is <strong>necessary for holding securities<\/strong> in an electronic format. The BO ID is <strong>used to keep track of the securities <\/strong>held by the investor and the transactions made on their behalf.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\r\n<div class=\"ez-toc-title-container\">\r\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\r\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\r\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/localhost:4433\/wordpress\/understanding-bo-id-in-zerodha-unique-identification-number\/#Why_is_a_BO_ID_important\" title=\"Why is a BO ID important?\">Why is a BO ID important?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/localhost:4433\/wordpress\/understanding-bo-id-in-zerodha-unique-identification-number\/#How_to_Check_BO_ID_in_Zerodha\" title=\"How to Check &nbsp;BO ID in Zerodha?\">How to Check &nbsp;BO ID in Zerodha?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/localhost:4433\/wordpress\/understanding-bo-id-in-zerodha-unique-identification-number\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/localhost:4433\/wordpress\/understanding-bo-id-in-zerodha-unique-identification-number\/#Read_Detailed_Reviews_on_Stock_Brokers\" title=\"Read Detailed Reviews on Stock Brokers\">Read Detailed Reviews on Stock Brokers<\/a><\/li><\/ul><\/nav><\/div>\r\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_a_BO_ID_important\"><\/span>Why is a BO ID important?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A <strong>BO ID<\/strong> is important for several reasons. First, it is a necessary requirement for opening a DP account and holding securities in an electronic format. <strong>Without a BO ID, an investor cannot trade <\/strong>or invest in the stock market through <a href=\"https:\/\/localhost:4433\/wordpress\/zerodha-review-2023-demat-account-brokerage-charges\/\" target=\"_blank\" rel=\"noreferrer noopener\">Zerodha<\/a> or any other broker.<\/p>\n\n\n\n<p><strong>Second,<\/strong> the BO ID is used to maintain an accurate record of the investor&#8217;s holdings and transactions. It helps in avoiding fraud and provides a<strong> transparent record of ownership,<\/strong> making it easier for the investor to keep track of their investments.<\/p>\n\n\n\n<p><strong>Third,<\/strong> the BO ID helps in simplifying the transfer of securities. When an investor wants to transfer their securities to another account or broker, the<strong> BO ID is used to identify the investor <\/strong>and the securities held by them.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Check_BO_ID_in_Zerodha\"><\/span>How to Check &nbsp;BO ID in Zerodha?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Checking a BO ID in Zerodha is a simple process. Here&#8217;s a step-by-step guide:<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Check-bo-ID-in-Zerodha-1024x523.webp\" alt=\"Check bo ID in Zerodha\" class=\"wp-image-13882\" width=\"653\" height=\"333\" title=\"\" srcset=\"https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Check-bo-ID-in-Zerodha-1024x523.webp 1024w, https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Check-bo-ID-in-Zerodha-300x153.webp 300w, https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Check-bo-ID-in-Zerodha-768x392.webp 768w, https:\/\/localhost:4433\/wordpress\/wp-content\/uploads\/2023\/04\/Check-bo-ID-in-Zerodha.webp 1345w\" sizes=\"(max-width: 653px) 100vw, 653px\" \/><\/figure><\/div>\n\n\n<ol>\n<li><strong>Step 1:<\/strong> Open a <strong>Demat account with Zerodha<\/strong>.<\/li>\n\n\n\n<li><strong>Step 2: <\/strong>Once the account is opened, log in to your Zerodha account.<\/li>\n\n\n\n<li><strong>Step 3:<\/strong> Click on the <strong>&#8216;Console&#8217;<\/strong> tab and select <strong>&#8216;Account&#8217;<\/strong><\/li>\n\n\n\n<li><strong>Step 4:<\/strong> Scroll down to the &#8216;<strong>Demat&#8217; s<\/strong>ection and click on <strong>&#8216;View.&#8217;<\/strong><\/li>\n\n\n\n<li><strong>Step 5: <\/strong>Your BO ID will be displayed under the <strong>&#8216;BO ID&#8217;<\/strong> column.<\/li>\n<\/ol>\n\n\n\n<p><strong>BO ID<\/strong> or Beneficiary Owner Identification Number is a unique number assigned to every investor who opens a Demat account. It<strong> serves as a unique identification number <\/strong>for the investor and is used to track their investment portfolio.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-layout-1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/zerodha.com\/open-account?c=AO3838\" style=\"border-radius:36px\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Open Zerodha Account<\/a><\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1682323433901\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is a BO ID in Zerodha?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A BO ID, or Beneficial Owner Identification Number, is a unique identification number that is assigned to the beneficial owner of a Demat account in Zerodha.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682323446008\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why is a BO ID important for investors?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A BO ID is important for investors as it helps identify the beneficial owner of a Demat account and ensures that securities are held by the rightful owner.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682323455864\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How do I obtain a BO ID in Zerodha?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To obtain a BO ID in Zerodha, you need to open a Demat account with Zerodha and complete the KYC process. Once the KYC process is completed, Zerodha will assign a BO ID to you<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682323474408\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Is a BO ID necessary for opening a Demat account with Zerodha?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, a BO ID is necessary for opening a Demat account with Zerodha as it helps identify the beneficial owner of the account and ensures that securities are held by the rightful owner.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682323486496\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can I have multiple BO IDs in Zerodha?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No, you cannot have multiple BO IDs in Zerodha as each BO ID is assigned to a unique Demat account.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682323497991\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can I transfer my BO ID to another Demat account?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No, you cannot transfer your BO ID to another Demat account as it is assigned to a specific account and cannot be transferred.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682323509363\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What happens if I forget my BO ID in Zerodha?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>If you forget your BO ID in Zerodha, you can retrieve it by logging in to your Zerodha account and navigating to the profile section.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682323527127\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How is a BO ID different from a DP ID?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A BO ID identifies the beneficial owner of a Demat account, while a DP ID identifies the depository participant who holds the securities on behalf of the beneficial owner.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682323534079\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can I trade without a BO ID in Zerodha?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No, you cannot trade without a BO ID in Zerodha as it is necessary for identifying the beneficial owner of a Demat account.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1682323546593\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Is my BO ID confidential?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, your BO ID is confidential and should not be shared with anyone else. It is used to identify you as the beneficial owner of your Demat account and should be kept secure.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Read_Detailed_Reviews_on_Stock_Brokers\"><\/span>Read Detailed Reviews on Stock Brokers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Stock Broker<\/strong><\/td><td><strong>Review<\/strong><\/td><\/tr><tr><td><strong>Upstox<\/strong><\/td><td><a href=\"https:\/\/localhost:4433\/wordpress\/upstox-review-2023-demat-account-brokerage-charges\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read Review<\/a><\/td><\/tr><tr><td><strong>Zerodha<\/strong><\/td><td><a href=\"https:\/\/localhost:4433\/wordpress\/zerodha-review-2023-demat-account-brokerage-charges\/\">Read Review<\/a><\/td><\/tr><tr><td><strong>Angel Broking<\/strong><\/td><td><a href=\"https:\/\/localhost:4433\/wordpress\/angel-one-review-2023-brokerage-charges\/\">Read Review<\/a><\/td><\/tr><tr><td><strong>Groww<\/strong><\/td><td><a href=\"https:\/\/localhost:4433\/wordpress\/groww-review-demat-account-brokerage-pros-cons\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read Review<\/a><\/td><\/tr><tr><td><strong>Fyers<\/strong><\/td><td><a href=\"https:\/\/localhost:4433\/wordpress\/fyers-review-analysis-of-demat-account-brokerage\/\">Read Review<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<style> \n\nh3{background-color:#e1edff;padding:10px 20px;border-radius:10px;display:inline-block}\nh2{background-color:#f9c74f;padding:10px 20px;border-radius:10px;display:inline-block}\nh5{background-color:#e1edff;padding:10px 20px;border-radius:10px;display:inline-block}\n\nol li:not(:last-child) {\n  margin-bottom: 15px; \n}\n\n<\/style>\n\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-left kksr-valign-bottom\"\n    data-payload='{&quot;align&quot;:&quot;left&quot;,&quot;id&quot;:&quot;13880&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;bottom&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;1&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;5&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;4&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;5\\\/5 - (1 vote)&quot;,&quot;size&quot;:&quot;22&quot;,&quot;title&quot;:&quot;Understanding BO ID (Beneficiary Owner Identification Number) in Zerodha&quot;,&quot;width&quot;:&quot;128&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 128px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 4px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 22px; height: 22px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 17.6px;\">\n            5\/5 - (1 vote)    <\/div>\n    <\/div>\n","protected":false},"excerpt":{"rendered":"<p>A BO ID or Beneficiary Owner Identification Number is a unique 8 Digits Number assigned to an investor\u2019s demat account &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Understanding BO ID (Beneficiary Owner Identification Number) in Zerodha\" class=\"read-more button\" href=\"https:\/\/localhost:4433\/wordpress\/understanding-bo-id-in-zerodha-unique-identification-number\/#more-13880\" aria-label=\"More on Understanding BO ID (Beneficiary Owner Identification Number) in Zerodha\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":13881,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[391],"tags":[427,401],"table_tags":[],"_links":{"self":[{"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/posts\/13880"}],"collection":[{"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/comments?post=13880"}],"version-history":[{"count":0,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/posts\/13880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/media\/13881"}],"wp:attachment":[{"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/media?parent=13880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/categories?post=13880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/tags?post=13880"},{"taxonomy":"table_tags","embeddable":true,"href":"https:\/\/localhost:4433\/wordpress\/wp-json\/wp\/v2\/table_tags?post=13880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}