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How to transfer shares from my Zerodha demat account to another demat account offline?

You can transfer shares from your Zerodha account to another CDSL or NSDL demat account by submitting the filled Depository instruction slip (DIS) to our head office

You can read this article to understand how to fill the DIS. Also, you can use a DIS annexure to transfer multiple shares using a single DIS.

Once we receive your DIS slip, we will take confirmation from you via a phone call or email. After we initiate the transfer procedure, CDSL will share a link to your registered mobile number and email ID. They will also send an OTP. You need to enter the OTP to complete the transfer process. You need to confirm the OTP on the link sent by CDSL before 8 PM on the executed date to complete the transfer. 

You can now transfer your shares to CDSL demat accounts online via CDSL Easiest. Check this article for the transfer process. 


  1. Direct transfer from a demat account to another demat account is called off-market transfer. There are multiple reasons why investors want to make an off-market transfer. You can read this to know the different off-transfer reasons.
  2. If you intend to make an off-market sale, you can fill the Annexure for DIS slip and send it along with your DIS form. It is mandatory to fill out the payment details. 
  3. If the DIS slip is in the new format, then please mention the payment details in the DIS slip itself. 
  4. For the Off-market sale, stamp duty is applicable as per this slab.
  5. Off-market, transfer charges 0.03% of turnover or Rs 25 per ISIN, whichever is higher, plus 18% GST.