Can I transfer my existing demat account holdings to Zerodha?

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Yes, you can transfer your existing shares in another broker's demat to your Zerodha demat account. There are two types of transfer of holdings between demat accounts- intra-depository transfer and inter-depository transfer. The type of transfer depending on your current central depository of the demat account, NSDL and CDSL. If the central depository of both the demat accounts is the same then it will be an intra-depository transfer. For example, if both the demat accounts you're transferring shares are held with NSDL then its intra-depository transfer. Transfer of holding between a NSDL demat account and a CDSL demat account and vice versa is called inter-depository transfer.

To transfer shares from one demat to another, you need to use the Debit Instruction Slip (DIS) booklet provided by your Stock Broker. Here, you have to enter the names of shares along with their unique ISIN numbers. Then you have to provide the Target Client id (a 16-character code consisting of the DP id and the client id). Next, you need to select the transfer mode selection- intra-depository or inter-depository.

Transferring of shares takes time. Also, every time you want to sell shares held in your non-zerodha demat account using zerodha trading platforms, you have to first transfer the shares to zerodha demat account. That's why it is recommended to open a demat account along with a trading account with Zerodha.


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Find more questions on this topic

  1. Total number of customer Zerodha has and at what speed its customer base is growing?
  2. How is Zerodha broker? How safe they are? Are they genuine and reliable?
  3. Is Zerodha registered with SEBI?
  4. Who are Zerodha's competitors in India Stock Market?
  5. How Zerodha is popular in trading market?
  6. Does Zerodha trades on BSE as well?
  7. How much is Zerodha's turnover?
  8. How to link Zerodha trading account with Indiabulls demat account?
  9. How many days does it take to open account with Zerodha?
  10. What are the charges for opening trading and demat account with Zerodha?
  11. How much does Zerodha charges for Stamp Duty?
  12. What are STT charges in Zerodha for delivery trade?
  13. How much brokerage I have to pay when I trade multiple lots with Zerodha?
  14. What is the point to breakeven with Zerodha?
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  18. How much margin does Zerodha offers in different segments? What are Zerodha margin requirements?
  19. How much margin does Zerodha offer in the cash segments?
  20. How much margin does Zerodha offer in the future segment?
  21. How much margin does Zerodha offer in options?
  22. What in case if I did not sell shares with Zerodha in intraday Trading?
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  25. Does Zerodha allow After Market Orders (AMO)?
  26. How do I download the Zerodha Mobile Trading Application?
  27. Do I need a Demat Account to trade only in F&O with Zerodha?
  28. What is the leverage limit in all segments at Zerodha?
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  30. Is any minimum balance required in zerodha trading account?
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