How to transfer demat account from Paytm money to Zerodha?

If you wish to transfer your shares from your Paytm Money Demat account to the Zerodha Demat account, you can do so in two ways. Either you need to complete a Closure cum transfer or an off-market transfer. Both methods are effective and efficient. Closure cum transfer is used when the existing Demat account is to be closed permanently.

To transfer shares from one demat account to another demat account, you must:

1. Complete the DIS booklet with your existing stockbroker and provide the demat account number of the other broker, in this case, Zerodha.
2. Send the DIS to the existing broker.
3. Use inter-depository slips for NSDL brokers and intra-depository slips for CDSL registered brokers.
4. This transfer can be done online or offline depending on availability.

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