Online Journey for Demat Closure cum Transfer on NSDL Website
How to place a Closure-cum-transfer request on NSDL website?
Follow the steps below to transfer shares when both the source and target demat accounts are with NSDL and the source account is being closed:
1. Visit the NSDL account transfer link: https://eservices.nsdl.com/iat-web/#/acc-transfer. Accept the Terms & Conditions.
2. Select Account Closure-cum-transfer and choose Single/Joint Holder.
3. Enter the Source DP ID & Client ID.
4. Enter the Target DP ID & Client ID.
5. Complete eSign and Aadhaar/VID OTP authentication.
6. Submit the request and download the acknowledgment PDF.
Note: This facility is available only if -
- Your Demat account is a Resident Ordinary NSDL account
- There are no pledges, freezes, or pending Demat requests on the account
- The PAN number in both the source and target NSDL account is the same