Online Journey for Demat Closure cum Transfer on NSDL Website

How do I register for NSDL SPEED-e?

The NSDL SPEED-e facility allows Demat account holders to submit electronic instructions for transfer of securities.

There are two methods to register:

1. As Password Users

2. As Smart Card Users

A. Registration as Password Users

Step 1:

Visit the NSDL e-services portal: https://eservices.nsdl.com.

Click on ‘New User Registration’ → ‘SPEED-e’ from the dropdown menu.

Step 2:

On the SPEED-e registration page, click ‘Register’ under the section A) Clients → Password Users.

Step 3:

Fill in the details on the SPEED-e Registration Request page:

• User ID: Enter the User ID created during NSDL IDeAS registration.

• Personal Details: Enter the transferor’s name, date of birth, and registered email address.

• Account Details: Enter Client ID, DPID, and holder names (first, second, third).

• Pre-Notified Accounts: Add at least one CM-BP-ID (Clearing Member ID of your broker). You can add up to six.

• Services Available: Select ‘SPEED-e’ only (do not select IDeAS).

• Password: Create and confirm your login password. Click ‘Submit’ once all details are filled.

Step 4:

Review the details and click ‘Confirm’ to finalize your registration request.

Step 5:

After confirmation, a Registration Number will be generated along with your User ID. Save this for future reference.

Step 6:

Download and save the SPEED-e Application Form (PDF) by clicking ‘Print of this registration form’.

Step 7:

Email the soft copy of the signed SPEED-e Application Form to

📧 speede@nsdl.co.in

(from your registered email ID used in your demat account).

NSDL will forward your application to your Depository Participant (DP).

Step 8:

If you couldn’t download the form earlier, visit the NSDL e-services site → ‘Downloads’ → ‘SPEED-e Application Form’ under the Password Users section.

Step 9:

Your DP will verify and authorize your electronic registration request through the SPEED-e system.

Once approved, you’ll receive an activation confirmation via your registered email.

You can then log in to the SPEED-e facility via https://eservices.nsdl.com.

B. Registration as Smart Card Users

As a Smart Card User, you can submit both market and off-market instructions and freeze/unfreeze securities or ISINs.

Steps:

1. Download or collect from your DP the following forms:

o SPEED-e Application Form

o Power of Attorney (POA)

2. Fill and submit both forms with the required documents to your DP.

3. The DP will verify your documents, notarize the POA, assign a User ID, and assist you in obtaining a Smart Card Kit, Digital Signature Certificate (DSC), and PIN.

4. Install the Smart Card Kit on your computer and log in using your credentials (User ID, DSC, and PIN).

Adding Pre-Notified Accounts (Clearing Members)

Once registered (as Password or Smart Card user):

1. Log in to SPEED-e → enter User ID and Password (check “Certificate” if Smart Card user).

2. Click ‘Pre-notified Account Add Online (OTP based option)’ from the left menu.

3. Enter your broker’s CM-BP-ID, enable the eDIS flag if required, and click ‘Add’.

4. Authenticate with the OTP sent to your registered email or mobile number.

5. Once confirmed, your CM-BP-ID will be added successfully.

6. The Clearing Member (CM) must authorize your request (only possible if the CM is registered on SPEED-e).

7. Once authorized, you can transfer shares electronically using your SPEED-e login or NSDL mobile app.