Can I retain my other broker’s demat account and only transfer the shares to Share India?

• If you want to keep your account with the other broker and still transfer shares to SHARE INDIA, you can do so via off-market transfer.

• The existing broker may charge a fee.

• Off-market transfers allow transfers to your own account or someone else’s (Family members’ only) account.

Methods for off-market transfer:

A. CDSL Easiest (Online Transfer for CDSL Accounts)

• If your existing broker uses CDSL, shares can be transferred using CDSL Easiest.

• If the existing broker uses NSDL, check with them for the NSDL-specific process.

Steps for CDSL Easiest:

1. Register for CDSL Easiest (if not already registered).

2. Log in to web.cdslindia.com and go to Transactions > Setup > Bulk Setup > Transaction.

3. Enter details such as execution date, Beneficiary Owner ID (BOID) of the receiver (your SHARE INDIA account), and select the ISINs and quantities to transfer.

4. Choose the reason for transfer (gift, self-transfer, etc.). If consideration is involved, pay stamp duty online to CDSL.

5. Submit, verify, and commit the transaction using OTP and CDSL Easiest PIN.

6. Once the broker confirms, the transfer will be completed.

B. Delivery Instruction Slip (DIS) (Offline Transfer)

• DIS is a booklet (similar to a cheque book) provided by your existing broker.

Steps for DIS Transfer:

1. Obtain a DIS booklet from your current broker.

2. Fill out the DIS with SHARE INDIA demat account details.

3. If your existing broker’s depository is NSDL, use inter-depository slips. If CDSL, use intra-depository slips.

4. Submit the completed DIS to your existing broker.

Note:

• Once shares are transferred, update the acquisition price and trade date in SHARE INDIA’s platform to ensure correct portfolio tracking.

• Until the buy price is updated, the buy average will show as N/A.

• In case of any doubts or queries you can connect with our support team at 18002030303.