IME Khalti launches cashback scheme for Demat and Mero Share renewals
KATHMANDU: IME Khalti has launched a cashback campaign to encourage timely renewal of Demat and Mero Share accounts ahead of the Shrawan deadline.
Under the '100% Upahar' scheme, 100 users every 15 days who renew their Demat and Mero Share accounts through Khalti will receive a full cashback equal to the renewal fee they paid. The promotion runs until the end of Shrawan.
The campaign follows a notice from CDS and Clearing (CDSC) asking account holders to pay annual Demat renewal fees by Shrawan 15 (July 31). Accounts that remain unpaid after that date may be frozen from Shrawan 16 (August 1), a step that can disrupt capital market activity by preventing the buying and selling of shares. Annual renewal fees are set at Rs 100 for Demat accounts and Rs 50 for Mero Share.
Khalti said the offer is available via its mobile application and its online payment gateway. Users can complete payments in the Khalti app under 'Financial Services' or pay directly through their broker or depository participant websites using the Khalti Payment Gateway. The service is available 24 hours a day, allowing investors to renew from home before the deadline.
