SPEED-e is a common Internet Infrastructure that enables the Depository Participants (DPs) to provide depository services to their clients. Demat account holders (including Clearing Members) subscribing to this facility can submit delivery instructions to their DPs through https://speed-e.nsdl.com ,instead of submitting delivery instruction slips (in paper form) to their DPs. The users of SPEED-e can also check latest balances and transactions in their demat accounts through a facility called Internet-based Demat Account Statement (IDEAS) and monitor the status of execution of instructions. If you wish to avail of this facility, you have the option of password based or smart-card based access to SPEED-e and you can register for either by registering at the site itself.

SPEED-e is an Internet website that receives the delivery instructions from the registered users. These instructions are downloaded by the DPs, in batches, from the SPEED-e website for execution in the DP's depository system. The status of execution of instructions is updated on SPEED-e website. The information regarding balances and transactions in demat accounts is available to the subscribers of IDEAS. Thus, you can check balances in your account, submit delivery instructions to your DP and verify the status of execution of those instructions.

The most important benefit of SPEED-e is the convenience of submitting delivery instructions. You can access the SPEED-e website from anywhere in the world at any point of time, check balances in your account, submit the instructions and track its status.

SPEED-e eliminates the requirement of having to give the delivery instructions in paper form. Since the concept of Depository Services arose to defeat the drawbacks of paper-based share transaction, it is only befitting that the paper-less transaction concept is taken to the next domain of the Internet, so that anyone anywhere can transact in depositories.