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Investor Accounts At NSDL Cross The One Million Mark!
Investor accounts
With the increasing spread of depository awareness and depository participant services, the number of investor accounts has been growing at a very rapid pace. NSDL undertook an analysis of the region-wise breakup of the accounts when the number of accounts had reached one million. The number of accounts touched 1 million in August and has since then increased to 1.3 million.
The region wise breakup of investor accounts within India is as follows
| Region | Investor Accounts at 50,000 Mark | Investor Accounts at 1,00,000 plus Mark | Investor Accounts at 10,00,000 plus Mark |
| North | 6733 | 15646 | 174416 |
| South | 18000 | 31275 | 233101 |
| East | 3873 | 9877 | 99658 |
| West | 22737 | 45994 | 554988 |
Investor accounts have been opened from far-flung areas like Andaman, Jorhat and Tinsukia in Assam, Mokokchung and Zunheboto in Nagaland, and Ladakh in J & K.
The accounts opened by NRIs cover 43 countries like USA, Canada, Germany, England, Switzerland, UAE, China, Russia, Japan, Singapore, Australia, New Zealand, etc.
The state-wise break-up of the investor accounts in India is as follows
| State/ Union Territory | No. of Accounts at 50,000 Mark | No. of Accounts at 1,00,000 plus Mark | Details of No. of Accounts at 10, 00,000 plus Mark | |
| Accounts | % of total pincodes from where accounts opened (Spread) | |||
| Andaman | --- | 5 | 29 | 24 |
| Andhra Pradesh | 3241 | 4313 | 51440 | 28 |
| Arunachal Pradesh | --- | --- | 6 | 7 |
| Assam | 6 | 18 | 1100 | 15 |
| Bihar | 158 | 729 | 9419 | 21 |
| Chandigarh | 119 | 588 | 2662 | 94 |
| Daman | --- | 2 | 3 | 100 |
| Delhi | 4894 | 9057 | 89939 | 100 |
| Goa | 194 | 636 | 3991 | 80 |
| Gujarat | 5724 | 11440 | 188189 | 49 |
| Harayana | 253 | 765 | 7784 | 38 |
| Himachal Pradesh | --- | 58 | 535 | 16 |
| Jammu & Kashmir | 9 | 11 | 327 | 9 |
| Karnataka | 2819 | 6160 | 62195 | 40 |
| Kerala | 3694 | 5687 | 27699 | 75 |
| Madhya Pradesh | 469 | 1369 | 16563 | 17 |
| Maharashtra | 16298 | 32549 | 348714 | 36 |
| Manipur | --- | --- | 34 | 2 |
| Meghalaya | --- | --- | 83 | 17 |
| Mizoram | --- | --- | 1 | 3 |
| Nagaland | --- | --- | 9 | 3 |
| Orissa | 75 | 427 | 3152 | 20 |
| Pondicherry | 86 | 136 | 856 | 77 |
| Punjab | 112 | 525 | 8814 | 38 |
| Rajasthan | 521 | 1367 | 14091 | 21 |
| Sikkim | 4 | 5 | 75 | 21 |
| Tamil Nadu | 8160 | 14974 | 90882 | 32 |
| Tripura | --- | --- | 22 | 7 |
| Uttar Pradesh | 877 | 3273 | 47792 | 25 |
| West Bengal | 3630 | 8698 | 85757 | 53 |
| Total | 51343 | 102792 | 1062163 | 33 |
In terms of total number of accounts, Maharashtra continues to lead followed by Gujarat & Tamil Nadu.
Kerala, with 27699 accounts covering more than 75% of total postal pincodes in the state, records the maximum spread followed by west Bengal.
Mumbai
October 27, 1999
NEST = * National Electronic Settlement and Transfer