{"id":688,"date":"2020-12-08T10:54:28","date_gmt":"2020-12-08T10:54:28","guid":{"rendered":"https:\/\/www.invest19.com\/blog\/?p=688"},"modified":"2021-04-06T05:42:18","modified_gmt":"2021-04-06T05:42:18","slug":"how-to-transfer-shares-from-one-demat-account-to-another","status":"publish","type":"post","link":"https:\/\/www.invest19.com\/blog\/how-to-transfer-shares-from-one-demat-account-to-another\/","title":{"rendered":"How to Transfer Shares from One Demat Account to Another?"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>It has been\nnoted since 2016 that the stock market has provided greater returns than gold\nand real estate. And this has not escaped the attention of Indian investors. On\ntop of that, the easy accessibility of Demat and trading account made trading\nin the stock market a whole lot easier. A Demat account makes it convenient to\nstore the shares in paperless, dematerialized form while trading account helps\nin buying and selling stocks quickly. <\/p>\n\n\n\n<p>As per the Securities &amp; Exchange Board of India (SEBI), around 4.9 million Demat accounts have been opened so far. This is the highest Demat account opening in at least a decade. Meanwhile, only 4 million accounts were opened last year. In the light of COVID-19 pandemic, the enthusiasm of retail investors hasn\u2019t slighted. In fact, many young investors have shown huge interest in the stock market and <strong><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.invest19.app\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"opening Demat account (opens in a new tab)\">opening Demat account<\/a><\/strong> for stock investing. &nbsp;Some entrants open <a href=\"https:\/\/www.invest19.com\/blog\/am-i-allowed-to-have-multiple-demat-accounts-an-investors-guide\/\"><strong>multiple Demat accounts<\/strong><\/a> in the beginning. Later on, they regret their decisions and were forced to transfer their shares and other securities from one Demat account to another. <\/p>\n\n\n\n<p>With this\narticle, we aim to assist the investors in transferring shares from one Demat\naccount to another Demat account.<\/p>\n\n\n\n<p>Let\u2019s find out! &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"counter-hierarchy counter-decimal ez-toc-grey\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/a><\/span><\/div>\n<nav><ul class=\"ez-toc-list\"><li><a href=\"#How_to_Transfer_Shares_from_One_Demat_Account_to_Another\" title=\"How to Transfer Shares from One Demat Account to Another?\">How to Transfer Shares from One Demat Account to Another?<\/a><ul><li><a href=\"#Online_Transfer\" title=\"Online Transfer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \">Online Transfer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/a><\/li><li><a href=\"#OfflineManual_Transfer\" title=\"Offline\/Manual Transfer\">Offline\/Manual Transfer<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How to Transfer Shares from One Demat Account to Another?<\/strong><\/h2>\n\n\n\n<p>The\ntransfer of shares from one Demat to another can be done in two ways:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Online transfer<\/li><li>Offline transfer<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Online Transfer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/strong><\/h3>\n\n\n\n<p>To transfer\nshares online, follow the procedure given below:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Visit\nthe Central Depository Services Limited (CDSL) website. <strong>Website:<\/strong> <a href=\"https:\/\/www.cdslindia.com\/index.html\">CDSL &#8211; Central Depository Services\n(India) Limited (cdslindia.com)<\/a><\/li><li>Click\non the \u201cRegister Online\u201d link and then fill the form with the required details.\n<\/li><li>After\ncompletion, take a print of the form.<\/li><li>Once\nthe form is printed, it will be transferred to the Depository Participant (DP).\n<\/li><li>The\nDP will first verify the form. On successful verification, you will receive a\npassword on your registered email address. <\/li><li>With\nthe password, the account holder can log in and begin the process of transfer\nof shares. <\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Offline\/Manual Transfer<\/strong><\/h3>\n\n\n\n<p>To transfer\nthe shares via the offline method, you would be required with a Delivery\nInformation Slip (DIS) from your depository participant. The DIS comprises of\nsome mandatory information that must be duly completed to commence the transfer\nof shares from one Demat account to another. <\/p>\n\n\n\n<p>However,\nthe Delivery Information Slip (DIS) booklet would not be required in case both\nDemat accounts are in same depositories. In this case, the transfer would be\ncalled intra-depository transfer. <\/p>\n\n\n\n<p>If both\naccounts are with separate depositories then the DIS booklet is needed for\ninter-depository transfer. So, first, collect the DIS booklet from your DP. And\nput down the names and ISIN (International Securities Identification Number) of\nthe shares or other securities that you need to transfer. <\/p>\n\n\n\n<p><strong>Note:<\/strong> ISIN is a 12-digit code that validates the identity\nof financial securities. <\/p>\n\n\n\n<p>Put down\nthe Target Client ID \u2013 a 16-character code that combines the client\u2019s ID with\nthe DP\u2019s ID. Once done, select the mode of transfer \u2013 Intra-Depository Transfer\nor Inter-Depository Transfer. <\/p>\n\n\n\n<p>Finally,\nsubmit the DIS form to your existing broker, and in return collect an\nacknowledgement receipt from the broker. <\/p>\n<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 3,879<\/span><\/div><div class=\"pld-like-dislike-wrap pld-template-1\">\n    <div class=\"pld-like-wrap  pld-common-wrap\">\n    <a href=\"javascript:void(0);\" class=\"pld-like-trigger pld-like-dislike-trigger \" title=\"\" data-post-id=\"688\" data-trigger-type=\"like\" data-restriction=\"ip\" data-ip-check=\"0\" data-user-check=\"1\">\n                        <i class=\"fas fa-thumbs-up\"><\/i>\n                    <\/a>\n    <span class=\"pld-like-count-wrap pld-count-wrap\">9    <\/span>\n<\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>It has been noted since 2016 that the stock market has provided greater returns than gold and real estate. And this has not escaped the [&hellip;] <span class=\"read-more-link\"><a class=\"read-more\" href=\"https:\/\/www.invest19.com\/blog\/how-to-transfer-shares-from-one-demat-account-to-another\/\">Read More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":690,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,10],"tags":[169,170],"class_list":["post-688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market","category-investment","category-featured","tag-transfer-of-shares","tag-share-transfer"],"_links":{"self":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/comments?post=688"}],"version-history":[{"count":2,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/688\/revisions"}],"predecessor-version":[{"id":691,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/688\/revisions\/691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media\/690"}],"wp:attachment":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media?parent=688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/categories?post=688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/tags?post=688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}