You can transfer securities from your Zerodha demat account to another demat account by filling out an NSDL Delivery Instruction Slip (DIS). You must also send the addition of beneficiary details form along with your DIS to complete the transfer.
Download and fill both forms:
- NSDL Delivery Instruction Slip (DIS)
- Addition of beneficiary details form (PDF)
If you wish to transfer the securities as an off-market sale/purchase, please attach the annexure (PDF) along with the NSDL DIS.
You can transfer a maximum of 5 securities (ISINs) per DIS. If you need to transfer more than 5 securities, use the DIS Annexure form (PDF). For transfers to multiple accounts, use separate DIS forms for each account.
Follow these steps to fill your DIS:
Section 1: Account holder details
First/Sole Holder's Name: Enter your name exactly as it appears in your demat account.
Section 2: Security details
- ISIN: Enter the ISIN number of the securities you want to transfer.
- Security Name: Write the name of the security you want to transfer.
- Quantity in Figures: Enter the quantity in numbers.
- Quantity in Words: Write the quantity in words.
- Instruction no.: Leave this blank. Your depository participant (DP) will fill this section.
Section 3: Signature and verification
Signature box: Sign exactly as your signature appears in your Zerodha demat account records. If you make any corrections or overwrite your signature, add a counter signature.
Section 4: Your account details
Client ID and DP ID: Enter your NSDL 8-digit client ID followed by the DP ID. To find your NSDL BO ID, request your NSDL CMR copy by raising a ticket with Zerodha.
Section 5: Beneficiary account details
Complete the following for the account receiving the securities:
- Tick either Off-market trades or Inter-Depository instructions
- Enter the counter DP ID and Client ID
- Write the beneficiary account holder's DP name
-
Write the beneficiary account holder's name (BO name)
Section 6: Listed securities
Listed security field: If the securities you are transferring are not listed or do not trade on exchanges, leave this field blank.
Section 7: Reason code
Fill in the suitable reason code and purpose based on the transaction.
Transfer charges
You will pay ₹25 per security, per transaction, plus 18% GST.
Examples:
- Transfer 10 HDFC shares, 5 Reliance shares, and 2 Infosys shares in one transaction: ₹75 + 18% GST
- Transfer 10 HDFC shares across two separate transactions: ₹50 + 18% GST
What happens next
Once you submit your completed DIS and beneficiary details form, Zerodha will process your transfer request and execute the transaction within the specified timeframe.