How to switch from a HUF IL&FS demat account to Zerodha demat account?

To switch from a HUF IL&FS demat account to Zerodha demat account, send the following forms:

IL&FS closure letter ( PDF ). To know how to fill out the IL&FS closure form see How do I fill up the IL&FS closure form?
Non-individual demat form ( PDF ).
HUF declaration ( PDF ), Annexure page ( PDF ), and KYC and promoter page ( PDF ).
PAN copies of HUF, Karta, and co-parcener.
Address proof of HUF and Karta. Latest bank statement as per HUF PAN can be submitted as address proof of HUF.

Affix the HUF seal and signature on all the above documents.
Karta's PAN and address proof, and CO-parcener PAN must be self-attested.
The major co-parcener signatures are required on the Power of Attorney (POA) and annexure page.

Courier all the forms form to the following address:

Zerodha Broking Ltd.,

#153/154, 4th Cross, JP Nagar 4th Phase,

Bengaluru 560 078 – India

Tel: +91-8047192020

Once the forms are received, the demat account is opened within 3–4 days and the IL&FS demat account is closed within 15 working days.

This transfer would be considered as a closure cum transfer, i.e., closure of the account with IL&FS and transferring out the shares, for which there are no charges.
If the IL&FS demat account is linked to the Zerodha trading account, holdings cannot be seen or sold on Console and Kite respectively. Stocks have to first be transferred to Zerodha demat account.

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