I have registered for CDSL Easiest with option Account of Choice. But I’m not sure how to transfer the Shares. Can anyone guide me with steps to transfer shares to another CDSL Account using CDSL Easiest ?
You can use DIS to transfer shares. Ask you broker to provide DIS slip in which your holding shares
Regarding how to fill the DIS slip see below link
If you still have issues call broker they will guide you.
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@a13989 ; CDSL easiest /NSDL speed e are online facility for transferring shares from one demat to another . Compare to DIS slip these are instant transfer , available anywhere 24 hours of the day and very cost effective .
i do through NSDL “speed e” so do not have personal experience of CDSL 'easiest" hence did not respond to your query .
I think you lose POA arrangement on this registration. Please check with broker once.
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Thank you for the Information, As i do not stay in India its hard to submit DIS Slip.
Thanks for the update
I was saying he needs to check whether he will lose already given POA. As i read it somewhere back…
If somebody can confirm, it will be great.
if he has a POA based demat account in all probability the broker will not accept / will not give consent to add the brokerage firm as beneficiary in CDSL easiest or NSDL speed e. the client need to operate through POA only .
In that case, what if one still wants to add beneficiary for online share transfer?
you can add with consent of proposed receiver /beneficiary .
This happens when you have registered only for easi and not for easiest
Check the below link to know how to register
And select this:
To Register for Easiest! Click Here
Once you register, follow the steps given here to transfer:
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under miscellaneous tab there will be an option to ‘UPGRADE BOID TO EASIEST’. Request will be authenticated by DP in 24 to 48 hours.
EASI - Viewing rights
EASIEST - Viewing and Transferring rights
Hey thanks,
This was so helpful.
Congratulations!! Your request for upgradation of BOID to easiest has been successfully set up. Kindly submit the duly signed easiest registration form along with necessary documentation for account of choice/ trusted account option to your DP. Once your DP authenticates the request you will receive PIN /eToken (digital signature) as per the option selected. On receipt of PIN /eToken (digital signature) you would be able to transfer securities from your demat account through easiest.
Hi @Joe_Chris, please create a ticket at support.zerodha.com. Our team will check and have this clarified.
The team is just as clueless.
I tried to upgrade from easi to easiest. It is getting rejected by Z.
Z asked me to create a new registration with new user name. This got rejected by CDSL as I am already an existing user.
Please can you intervene
under miscellaneous tab, you can find an option to deregister the username. Deregistering and creating a new account might help
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