How to transfer shares from other brokers to SHARE INDIA?

Shares can be transferred from other brokers to SHARE INDIA in two ways:

1. Closure cum transfer (Free) – Close existing broker account and transfer shares to SHARE INDIA

If you want to close your account with the other broker and transfer shares to SHARE INDIA, use the closure cum transfer process.
Shares can only be transferred to a demat account in the same name (or the same joint holders with the same order of names).

Example:

Mr. A can transfer shares from his demat account with another broker to his demat account with SHARE INDIA.
If Mr. A and Mr. B hold a joint account with the other broker, they can only transfer to a joint SHARE INDIA account where Mr. A is the primary holder and Mr. B is the secondary holder.

Steps for closure cum transfer:

Online:

Offline:

Obtain the closure cum transfer forms from your existing broker.
Get a physically or digitally signed and sealed Client Master Report (CMR) from SHARE INDIA; it can be received by sharing your requirement and postal address at support@shareindia.com.
Submit the closure cum transfer forms and CMR to the existing broker.

Note:

Securities under a lock-in period can only be transferred within the same depository (CDSL to CDSL or NSDL to NSDL), not between CDSL and NSDL.
In case of any doubts or queries you can connect with our support team at 18002030303.