How to Get a CRN and Activate C-ASBA in Nepal

Eligibility

• An applicant with a bank account at an institution currently listed by CDSC or SEBON for C-ASBA/ASBA
• An applicant with an active DEMAT account and BOID
• An applicant whose name, identity and contact records can be matched across the bank and depository participant
• A person using the bank account whose funds will be blocked for the public-issue application
• This guide does not determine eligibility for a particular security or guarantee an allotment

Required documents checklist

• □ Bank account details at the selected listed C-ASBA institution
• □ Active 16-digit DEMAT BOID copied from the official DEMAT or MeroShare record
• □ Citizenship or other current KYC identity accepted by the bank
• □ Registered mobile number and email matching the bank and depository records where required
• □ The selected bank's current CRN/C-ASBA form or approved digital request
• □ CRN confirmation stored securely after issue
• □ MeroShare access or the bank's approved ASBA application channel for the final test

Step-by-step process

1. Check the current CDSC C-ASBA bank list or SEBON ASBA member directory before starting. Do not assume an old institution or branch still follows the same process.
2. Use a listed institution where you hold the bank account that will be blocked for applications.
3. Check the bank's current CRN/C-ASBA instruction. Ask whether enrolment is at a branch, internet/mobile banking or another approved bank channel.
4. Copy the DEMAT BOID from a reliable source. A BOID is 16 digits and is not the same as a CRN.
5. Match the account holder's name, citizenship/KYC details, mobile number and BOID. Correct the source record before submitting if they differ.
6. Complete the bank's current request and provide only the evidence it asks for. Do not reuse a generic internet form when the bank has its own version.
7. Receive or activate the CRN through the bank's official channel. Keep it private; do not post it with a BOID or bank screenshot.
8. Open official MeroShare and check My ASBA, or use the bank's approved ASBA channel. Do not use a lookalike IPO site.
9. When an issue is open, select the issue, enter the quantity and bank/CRN details, read the terms and submit only after confirming the account and BOID.
10. Save the application report or reference. C-ASBA blocks funds; a blocked amount is not proof of allotment.
11. If My ASBA rejects the CRN, compare the bank account, BOID and KYC records, then contact the issuing bank or depository participant according to the mismatch.
12. After allotment, use official result and bank records to distinguish allotment, release of blocked funds and any debit.

Fees and timelines

• No universal CRN or C-ASBA activation fee was verified across all listed banks. Confirm the selected bank's current tariff.
• No universal activation time was verified. Bank KYC review, BOID matching and the request channel can affect timing.
• SEBON's directive describes the application through the bank or financial institution where the applicant holds the account and the blocking of funds.
• Apply before the public issue's current deadline; CRN activation should be completed before waiting for the last application day.
• A successful application can block funds, but allotment and release/debit happen later under the issue process.

Common mistakes

• Treating the CRN, BOID and MeroShare password as the same credential
• Using a bank that is not on the current official C-ASBA/ASBA list
• Entering another person's bank account or a BOID with mismatched identity details
• Copying a BOID or CRN with missing digits or spaces
• Assuming every bank uses the same form, fee, branch channel or activation time
• Testing on an unofficial IPO or result website
• Sharing the CRN, password, OTP or bank screenshot with an agent
• Treating blocked funds as proof of allotment
• Waiting until the closing day to discover a KYC or BOID mismatch
• Creating another CRN request before the bank explains the first rejection

Office and portal links

FAQ