How do I transfer from one demat account to another demat account?

asked Saturday, January 8, 2011

Transfer of securities from one account to another account can be affected through off-market transactions (i.e. without routing through the broker or stock exchanges) by furnishing the depository participants identity number and the client identity no. The duly filled in slip is to be submitted to the concerned DP with whom you have the demat account. The transfer is affected by NSDL after receiving the executed document forwarded by the DP on behalf of the Client. Charges are applicable and the transferor will have to disclose the market value of the shares intended to be transferred in a separate form which is to be annexed along with the off-market transfer slip.

Answered by Mr Ramu

answered Saturday, January 8, 2011

5 Comments

5. UDAY UKIDWE

| Link|March 9, 2012 5:12:25 PMReply

I want to know if I can transfer ONLINE from one DEMAT a/c to other within same DP (ICICIDIRECT.com) and the procedure for the same .

5.1. Vonay

| Link|January 24, 2020 4:31:57 AM

Submit share transfer and tifd with offmarket transfer to dp

4. jayanta kumar padhi

| Link|February 28, 2010 3:59:11 PMReply

ACTUALLY, I WANT TO TAKE A SUB BROKERSHIP FROM A GOOD STOCK BROKING COMPANY. I HAVE CONSULTED A FEW COMPANIES AND ALL ARE CHARGING RENTAL FOR TRADING SOFTWARE AND ACCOUNTING SOFTWARE ON A MONTHLY BASIS. AND CONNECTIVITY CHARGE IS ALSO CHARGED BY THEM. SINCE I AM A NEW TO THIS BUSINESS I COULD NOT UNDERSTAND WHICH IS RIGHT. PLEASE HELP ME SOMEBODY IN THIS REGARD.

HOPING TO RECEIVE REPLY IN DETAILS.

3. Radhika Trivandrum

| Link|September 30, 2009 4:16:52 PMReply

Pls fill the DIS(Delivery instruction Slip ) with ur DP id & Targeted DP details & submit at your Branch.A small charges applicable.Charges will be less if u are Transfers into Same DP client.If it is into other DP, charges will be little more....

2. Ramu

| Link|March 22, 2008 12:10:20 AMReply

Transfer of securities from one account to another account can be effected through off-market transactions (i.e. without routing through the broker or stock exchanges) by furnishing the depository participants idendity number and the client idendidty no. The duly filled in slip is to be submitted to the concerned DP with whom you have the demat account. The transfer is effected by NSDL after receiving the executed document forwarded by the DP on behalf of the Client. Charges are applicable and the transferor will have to disclose the market value of the shares intended to be transferred in a separate form which is to be annexed along with the off-market transfer slip.

1. Ketan Patel

| Link|January 17, 2008 3:16:58 PMReply

Fill form for transefer from your Broker and transfer to other demat a/c with per transaction fee is 30.0 rs

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How do I transfer from one demat account to another demat account?

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