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

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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

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5 Comments

UDAY UKIDWE
5. UDAY UKIDWE  Mar 9, 2012 16:12 I Like It. | I Don't Like It. | Report Abuse Reply
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 .
Vonay
5.1. Vonay  Jan 24, 2020 03:31 I Like It. | I Don't Like It. | Report Abuse
Submit share transfer and tifd with offmarket transfer to dp
jayanta kumar padhi
4. jayanta kumar padhi  Feb 28, 2010 14:59 I Like It. | I Don't Like It. | Report Abuse Reply
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.
Radhika Trivandrum
3. Radhika Trivandrum  Sep 30, 2009 15:16 I Like It. | I Don't Like It. | Report Abuse Reply
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....
Ramu
2. Ramu  Mar 21, 2008 23:10 I Like It. | I Don't Like It. | Report Abuse Reply
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.
Ketan Patel
1. Ketan Patel  Jan 17, 2008 14:16 I Like It. | I Don't Like It. | Report Abuse Reply
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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  40. How do I safeguard my Demat Account with Power of Attorney to Broker?
  41. Are there different types of Power of Attorney?
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  43. Are there any charges associated with Demat Power of Attorney?
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  49. Can I use Broker Pool Demat Account to keep my share and do not give Power of Attorney?
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  51. My signed Power of Attorney is still in courier. Can I still trade?
  52. How can I get dividends directly to the bank instead of the cheque? Is there any online application?
  53. Can I add another person to my demat account?
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  56. What is the differences between NSDL and CDSL?
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  58. Can I transfer shares from CDSL demat account to NSDL demat account?
  59. What happens if I do not pay AMC for a demat account?
  60. Can I open Demat Account without PAN Card?

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