General

How to transfer shares from one NSDL-linked demat account to another?

Shares can be transferred from one NSDL-linked demat account to another through  online or offline  modes. The process of transferring shares through both modes is explained in detail below.

Online share transfer process

Follow the steps below to transfer shares when both the source and target demat accounts are held 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  e-Sign  and Aadhaar/VID OTP authentication.

6. Submit the request and download the acknowledgment PDF.

Offline share transfer process

Follow the steps below to transfer shares offline using Delivery Instruction Slip (DIS):

1. Obtain a  Delivery Instruction Slip (DIS)  from your current DP.

2. Fill the following details:

a. DP ID and Client ID (usually pre-filled)

b. Share details: ISIN and quantity of shares to be transferred

c. Target account details: Client ID of the receiving demat account and name of the receiving DP

d. Transfer mode:

i.  Off-market  for same-depository transfers

ii.  Inter-depository  for NSDL ↔ CDSL transfers*

e.  Reason for transfer  and consideration amount (if any)

3. Sign the DIS (signature must match DP records).

4. Submit the DIS to your DP.

5. The DP will forward it to the depository for verification.

6. Collect the acknowledgment slip and wait  3–5 working days  for shares to get transferred.