Last Updated: July 2026 | Read Time: 8 minutes
We’ve all been there. You’re in the middle of a stressful application—maybe it’s for a home loan, a visa for that long-awaited trip, or you’re just trying to get your taxes sorted for the year. You find the email with your statement, click the PDF, and then… the dreaded password prompt.
Suddenly, you’re staring at a blank box, wondering why on earth your statement is locked and what the password could possibly be.
If you’re feeling frustrated, don’t worry. You aren’t alone, and you aren’t doing anything wrong. The truth is, these CAS passwords follow a very specific pattern. Once you know the “secret,” you’ll be able to open any statement in seconds.
Let’s get you in.
First, what exactly is a Consolidated Account Statement (CAS)?
Think of the Consolidated Account Statement as the “master list” of your wealth. Instead of chasing five different mutual fund houses or two different brokers, the depositories (NSDL and CDSL) bundle everything into one document.
You’ll usually see two types of documents:
- The CAS (The Big One): This covers all your demat accounts and mutual fund folios linked to your PAN. If you’ve had a transaction, it hits your inbox every month. If things have been quiet, you’ll get one every six months.
- Holding/Transaction Statements: These are the more specific ones you download directly from the CDSL Easi or NSDL IDeAS portals.
The CDSL e-CAS Password: The “Just Your PAN” Trick
If your statement came from CDSL, you’re in luck. They keep it incredibly simple.
The password is just your PAN number in ALL CAPITAL letters.
That’s it. No dates, no special characters, no lowercase.
For example: If your PAN is ABCDE1234F, just type ABCDE1234F.
Whether you’ve downloaded it from the website or found it in your email, the rule remains the same.
A few quick tips for CDSL:
- Joint Accounts? Use the PAN of the first (primary) holder.
- Caps Lock is your friend: The system is case-sensitive, so make sure those letters are uppercase.
- Avoid Copy-Paste: Sometimes copying a PAN from a document adds a hidden space at the end. If it fails, try typing it manually.
The NSDL CAS Password: A Little More Variety
NSDL is similar, but they have a slight twist. Depending on who issued the statement, you might need one of two formats.
The password is either your PAN in CAPITAL letters, OR your PAN + Date of Birth (DDMMYYYY).
Because this varies, the best thing to do is a quick scan of the email that came with the PDF. It will explicitly tell you which format to use.
What the NSDL formats look like:
- Option 1 (PAN only):
ABCDE1234F - Option 2 (PAN + DOB):
ABCDE1234F15031985(Where 15031985 is 15th March 1985).
If one doesn’t work, just try the other.
The CDSL Easi Password: The “PAN + Birthday” Formula
Now, this is where people often get stuck. If you’re registering for the CDSL Easi portal (the site where you can manage your holdings), the initial password is different from the PDF password.
The password here is your PAN + DDMM (Day and Month of birth).
Let’s walk through an example:
Imagine your PAN is ALWPG5809L and your birthday is 25th March.
Your registration password would be: ALWPG5809L2503
The key detail: It’s only the day and month—not the year. If you were born in 1993, you still only use 2503.
Once you use this to get in for the first time, the system will let you set your own permanent password.
(Note: If you’re handling an account for a company or an HUF, use the date of incorporation instead of a birthday.)
“Wait, am I with CDSL or NSDL?”
If you aren’t sure which depository holds your shares, just look at your demat account number. It’s the easiest way to tell:
| Depository | What the number looks like | Example |
|---|---|---|
| CDSL | 16 digits (all numbers) | 1203210001234567 |
| NSDL | Starts with ‘IN’ + 14 digits | IN12345678901234 |
You can find this number in your broker’s app (like Zerodha, Groww, or ICICI Direct) or on any old contract note.
Fun fact: About 80% of Indian investors are with CDSL (around 18 crore accounts vs NSDL’s 4.4 crore), so the odds are you’re using CDSL. But either way, the passwords are pretty similar.
Why you actually need these statements (and why the password matters)
Usually, when you’re hunting for this password, it’s because you need the document for something important. Here are the three most common reasons:
1. Getting a Loan Against Securities (LAS)
If you need urgent cash but don’t want to sell your stocks, you can take a loan against them. Banks typically lend 50–60% for listed shares and up to 75–85% for mutual funds or govt securities. Since this is one of the fastest ways to get a loan (no salary slips required!), having your statement ready and openable is key to a quick approval.
2. Strengthening a Visa Application
Embassies want to see that you have strong financial ties to India. A demat statement for visa purposes—showing a healthy portfolio of blue-chip stocks or mutual funds—is a great way to prove your financial standing alongside your bank statements.
3. Sorting Out Your Taxes (ITR)
Tax season is stressful enough. When you’re calculating capital gains or declaring dividends, the CAS statement for tax filing is a lifesaver because it puts every single investment you own into one PDF. No more logging into five different portals.
Step-by-Step: How to get your statement if you can’t find the email
If you’ve lost the email and just want a fresh copy, here is the quickest path:
For CDSL users:
- Head over to
web.cdslindia.comand log in to MyEasi. - Go to the ‘Holdings’ or ‘Statements’ tab.
- Pick your date range and hit download.
- Open the PDF using your PAN in all caps.
For NSDL users:
- Visit
eservices.nsdl.comand log in to IDeAS. - Navigate to the CAS or Holdings section.
- Download your statement.
- Open it with your PAN in caps (or PAN + DOB).
Still can’t get in? Let’s troubleshoot.
If the password is still giving you a hard time, check these three things:
- The “First Holder” Rule: If it’s a joint account, the password is always the PAN of the first holder.
- The Caps Lock Check: I can’t stress this enough—it must be UPPERCASE.
- The Ghost Space: If you copied and pasted your PAN, you might have accidentally grabbed a space at the end. Try typing it in manually.
Still stuck? Just give your broker (your DP) a call. They can regenerate the statement for you or help you figure out the exact format.
The Cheat Sheet: Demat Passwords at a Glance
- CDSL e-CAS: PAN in CAPITAL letters.
- NSDL CAS: PAN in CAPITAL letters (or PAN + DOB in DDMMYYYY).
- CDSL Easi Registration: PAN + DDMM (Day and Month of birth).
- CDSL ID: 16 digits.
- NSDL ID: Starts with ‘IN’.
Wrapping Up
Next time that password-protected PDF lands in your inbox, you can breathe easy. Just type your PAN in caps, and you’re in. Whether it’s for a loan, a visa, or just keeping your finances in order, that one little PDF is a powerful tool for your financial journey.
Keep a copy saved in a secure folder—you never know when you’ll need it for your next big milestone.
This guide is for educational purposes. Please consult a financial advisor for personalized advice. Rules and rates are current as of July 2026 and may change. Always check the official CDSL (cdslindia.com) or NSDL (nsdl.co.in) websites for the latest updates.
