Just wanted to check is transfer via account of choice is provided when using CDSL depositoty with Zerodha as a DP. If yes are share transfers instant when doing intra deposiorty transfers and are inter deposiorty transfers also allowed and processed instantly/same day.
Hi @Prakhar_Agrawal , apologies for the delayed response.
Yes, transfers via Account of Choice are available for demat accounts whose depository is CDSL. This is provided directly by CDSL through its Easiest facility. You can check this article.
Once your e-token is registered and mapped. You can initiate the transfers, and these transfers are not instant and are processed in batches at CDSL’s cut-off time around 6:00 PM.
Sure - also cdsl to nsdl would be feasible in account of choice mode , right?
Also for a corporate or a non-individual account - digital signature of an authorised signatory shall be mapped?
Yep.
Yep, the authorised signatory’s digital signature needs to be mapped for both.