How to transfer shares from Zerodha to NSDL demat account via CDSL Easiest?
To transfer shares from Zerodha to NSDL demat account via CDSL Easiest, follow these steps:
1. Register for CDSL easiest as a Trusted account. To learn the steps to register, see How to register for CDSL Easiest using the Zerodha demat account?
2. Purchase an e-token from the e-token vendors. It is priced at around ₹2500 + GST and remains valid for up to two years. The cost of the digital token (e-token) may vary depending on the vendor.
3. Fill up the Request of Authorisation Form (RA form) (PDF) and print out the screenshots of the e-token certificate. To find the e-token certificate on internet explorer, follow these steps:
- Open Internet explorer.
- Click on Tools and then on Internet Options.
- Click on Content and then on Certificates.
Take screenshots of the below mentioned tabs:
- General Tab
- Details Tab: Serial Number
- Details Tab: Subject Alternative Name
- Details Tab: Subject
Clients who are mapping e-mudhra token must install the Embridge application on Windows OS to verify the e-token. To learn how, see How can the e-mudhra e-token be verified?
Create a ticket
with the RA form and screenshots of the certificate before couriering them to:
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078
4. A confirmation email is sent once Zerodha has received the forms and the e-token certificates via courier. Once the confirmation is received, clients must change the mode of operations from Trusted to Account Of Choice. To do so, follow these steps:
- Log in to CDSL Easiest by visiting web.cdslindia.com/myeasitoken/home/login.
- Click on Miscellaneous.
- Click on Modify Mode Of Operation.
- Click on Submit.
5. Once the above process is completed, the e-token will be mapped by CDSL within 20 working days. After the e-token is mapped, shares can be transferred online. To learn more, see How to transfer shares from the Zerodha account using CDSL Easiest?
Did you know?
- Clients can follow the offline process if the shares are to be transferred quicker. To learn how, see How to transfer shares from a Zerodha demat account to another demat account offline?
- The charges to transfer shares in an off-market transaction are 0.03% of the transfer value or ₹25 per ISIN, whichever is higher, + 18% GST. Clients must maintain the required balance for the charges to be debited.
- To avoid rejection of share transfer, do not sell shares being transferred before the approval of the easiest transaction. In rare cases, the sale transaction may not be rejected and can go to auction. In these cases, auction charges are to be borne by the client. The share transfer will also be rejected if the balance in the trading account is negative.