Keep the following details handy beforehand:

  1. ISIN of Security you want to transfer (12 digit alpha-numeric)
  2. Name of Security you want to transfer
  3. Destination DP ID (8 character)
  4. Destination BO ID (8 character)


Steps to transfer shares

1. Verify the ISIN using this link

2. Once Verification is done, you can transfer shares in either of the 2 ways:

  1. Offline
    • You need to fill up the DIS slip provided by your broker
    • This is how a sample DIS looks like
    •  
      1. Client name: Specify the name as it appears in the Demat A/c.
      2. ISIN numbers: Specify the ISIN of security to be transferred. Confirm this with your transaction statement. A maximum of 5 ISIN's can be transferred per DIS. Use multiple DIS if you wish to transfer more than 5 ISIN's.
      3. Security Name: Specify the name of the security to be transferred.
      4. Quantity in figures: Specify the quantity in figures.
      5. Quantity in words: Specify the quantity in words.
      6. The instruction reference number will be filled by your broker once the DIS is executed.
      7. Please mention the number of DIS annexures attached to the slip in case of transferring more than 5 scrips at the time. 
      8. Please fill in the details if you are doing the off-market sale of shares to a particular institution.
      9. Specify counter DP ID, Client ID details, and Counter BO name(Specify the account holder's name to which securities are getting transferred) in respective columns and tick mark the depository option if to CDSL or NSDL and also the Settlement details if BO-BO or BO-CM, CM-BO, CM-CM accordingly. 
      10. To be cancelled because this transfer is not on-market
      11. Execution date - date at which you are making the transaction
      12. The account holder’s signature
      13. Reason code to be put in case you have a CDSL account is "42" , NSDL account is 29
        Reason Code Description - Deposit of securities with Escrow Agent and its return
        source: CDSL, NSDL
  2. Online
    • If shares are held with CDSL, there is an online facility for the transfer of shares using the ‘EASIEST’ platform. One needs to register on this platform using the link, https://web.cdslindia.com/myeasi/Home/Login, and follow the below procedure.
    • Please Note : One can only transfers shares from CDSL Easiest to trusted demat account. So, before initiating the share transfer from CDSL easiest, please add the trusted demat account.
    • How to add trusted demat account?
      1. Login on the CDSL account (https://web.cdslindia.com/myeasi/Home/Login) .
      2. Go to “Miscellaneous” and Under that, click ” Edit Trusted Account“.
      3. Enter the Demat ID of 16 numbers to whom you want to transfer shares.
      4. An OTP will come on your mobile number to verify it.
      5. The account will be approved by broker within 24 hrs and then you can transfer shares.
    • How to transfer shares via CDSL Easiest?
      1. Login on the CDSL account (https://web.cdslindia.com/myeasi/Home/Login)
      2. Go to “Transaction Tab” and click “Setup“.
      3. Click “Bulk Setup” after that.
      4. Select ‘Transaction‘ and enter the execution date and enter the Beneficiary owner ID(BOID), you need to transfer the shares to. In that page select ISIN. When you click on Account ISINs, you will see a list of all the ISINs in your holdings. Select the ISIN and enter the quantity and select the reason for trade from a list given.
      5. Once you complete the above process, a verification will come. Verify it. Once you do that, a page will open, in that you needn’t fill the Exchange ID, Counter Party Exchange ID, Market Type, Counter Party Market Type, Settlement ID and Counter Settlement ID for off-market transactions.
      6. Finally click on “Commit” and type the 8 digit CDSL PIN which you have received on your email id when you have registered for CDSL Easiest.
      7. The request will go the broker and he will verify it and transfer will be done.