Demat Stock transfer

Stock transfer can be considered as an integral part of the account opening process,
where clients who have holdings elsewhere can transfer the same to their ICICI Demat
ac. This can be done after 3-in-1 a/c opening is completed and the Demat ac is activated.

Benefits of Demat transfer for clients:

1. The custody of client’s holdings is with ICICI Bank (one amongst the 3 Domestic
Systemically Important Bank as recognized by RBI), thus offering complete
security
2. Get upto Rs. 30,000 brokerage reversal.

Holding Value Brokerage Reversal (Validity of 6 months)

5 Lacs to 25 Lacs ₹ 10,000
25 Lacs to 1 CR ₹ 20,000
1 crore and above ₹ 30,000

This scheme is available for both New as well as Existing customers. Client can
avail this once in a Financial Year.

Benefit of Demat transfer for ICICI Bank.

1. These are like Frozen CASA. Once client sell the shares, the money gets credited
to linked ICICI Bank account which increases MIB
2. The Dividend earned gets credited to linked ICICI Bank
 Ways of transferring Demat Holdings
1. Demat closure cum transfer. (No offline transfer charges)
2. Transfer through Delivery instruction Slip/TIFD (Offline transfer charges applicable)
3. Online transfer through Easiest (CDSL app) and Speed E (NSDL app)

Type 1: Demat closure cum transfer process:

1. Fill and sign the closure form. Below details are required to be filled:
o Account holder details like Name/DP ID/Client/ID/ Address etc
o Target account details for transfer of stocks

2. Get the signed Client Master list of the recipient

(CMR/CML copy of the target demat account in which securities must be
transferred to ICICI Bank)

3. Submit them / Courier the request form along with CMR/CML to below addresses
mentioned for the brokers.

Download closure
Broker Address to courier the Closure form
forms
Zerodha Closure form
You can courier the closure form to below address:
192A 4th Floor,
Kalyani Vista, 3rd Main Road,
JP Nagar 4th Phase,
Bengaluru, 56007

Groww Closure form

Groww CS - Koramangala
Obeya Tulip (1st Floor)
Regent Insignia, Mahakavi Vemana Rd,KHB Block Koramangala 4-B
Block,4th Block, Koramangala, Bengaluru, Karnataka – 560034
Contact- 9108800000

Upstox You can click here to follow online process to close and transfer Closure form

You can send closure form by post or courier to correspondence

address mentioned at top of the form.

AngelOne You can click here to follow online account closure process Closure form

you can create a ticket here or email AgenlOne

at support@angelone.in. from your registered email id
Note: Closure cum transfer is allowed only if the Beneficiary Owner (BO) are the same in
both current as well as target account. If the Demat is held jointly, then both the account
should be held jointly in same combination and sequence.

Method 1- Demat Closure cum Transfer

1. Fill out and sign the closure form (PDF) – sample form
2. Signed Client Master List (CMR/CML copy of the ICICI Bank demat account to
which securities must be transferred)
3. Courier the DIS along with CML/CMR

You can click here for more details

Method 2- Transfer through DIS / TIFD forms

1. Request a DIS Booklet (link) – Filled DIS form
2. Submit DI request form online by Create a ticket and attach the e-signed DIS
request form (How to eSign documents) you will receive the DIS within 48 hours
3. Fill out the Delivery instruction slip (DIS) with Recipient’s demat details (link)
4. Attach the recipient CMR/CML
5. Sign and submit the DIS to Zerodha

Client will incur transfer charges of ₹25 per security, per transaction, plus 18% GST
through this method.

For example- if you transfer 10 shares of HDFC, 5 shares of Reliance and 2 shares of
Infosys in one transaction, the charges would be ₹75 + 18% GST. If you transfer 10
shares of HDFC in two transactions, the charges would be ₹50 + 18% GST.

Note:

• Courier the form as per Method 1 or 2 mentioned above along with CMR/CML to
below address:
192A 4th Floor,
Kalyani Vista, 3rd Main Road,
JP Nagar 4th Phase,
Bengaluru, 56007

Method 3- Online through Easiest App (CDSL to NSDL and CDSL)

Click here to check the process

Note:

A digital signature certificate that costs Rs. 2,250 + taxes is necessary for the
inter-depository transfer utilising CDSL Easiest. However, for intra-depository
transfers, CDSL’s Easiest facility is practical.

Method 1- Demat Closure cum Transfer

1. Go to Groww website and download Closure form (link)
2. Fill in the form
3. Get a signed and stamped Client Master Report (CMR) from the Recipient (where
you wish transfer shares)
4. Courier it to the below address mentioned in the method 2 with Aadhar and PAN
copy

Method 2- Transfer through DIS / TIFD forms

1. Request a DIS Booklet by filling up DIS request form (PDF) send this request for to
the address mentioned in point 3 you will receive the DIS within 7-10 days of
working.
2. Fill in the DIS
3. Send the DIS along with a signed and stamped CMR (client master report) to the
below address

Address-
Groww CS - Koramangala
Obeya Tulip (1st Floor)
Regent Insignia, Mahakavi Vemana Rd,
KHB Block Koramangala, Koramangala 4-B Block,
4th Block, Koramangala, Bengaluru, Karnataka – 560034
Contact- 9108800000
For any further assistance with your trading and Demat account, please write
back to us at support@groww.in.

4. Once verified shares will be transferred by end of Market

Client will incur transfer charges of Rs 13.5 per ISIN plus 18% GST

Method 3- Online through Easiest App (only for CDSL-TO-CDSL transfer)

You can go through below link for step-by-step process. https://groww.in/blog/how-do-i-
transfer-shares-from-another-demat-account-to-groww-demat

Method 1- Demat Closure cum Transfer

1. Go to Upstox website and download Closure form (PDF)
2. PAN Card Copy with self-attestation
3. CML/CMR copy of the Target DP, duly signed and stamped or digitally
signed, where holdings need to be transferred

Method 2- Transfer through DIS / TIFD forms

1. If you wish to transfer shares from your Upstox Demat Account to another
NSDL Demat Account, you will need to submit a DIS (delivery instruction
slip). DIS form
2. Fill in the DIS
3. Beneficiary Account Addition (form) (in case not added)
4. Send it by post or courier to correspondence address mentioned at top of
the form.

Notes:

• The charge of ₹18.50 + GST for transferring shares is applied per slip (This means
that if you are transferring multiple scripts in a single transfer request, you will
incur this charge only once for that request, regardless of the number of scripts
included).

• In Method 1 or Method 2 It takes a minimum of 5 business days to transfer shares.

• Once your DIS slip is taken for processing, you will receive an SMS on your
registered mobile number and email from CDSL with a link for OTP
authentication. Complete this by 9 pm on the same day to avoid your request
from getting rejected.

• If your request gets rejected you will have to fill a new DIS slip and courier us
again.

• Courier the form as per Method 1 or 2 mentioned above along with CMR to below
address:
Harishchandra Sawant (Upstox),
30th Floor, Sunshine Tower,
Senapati Bapat Marg,
 Dadar- W,
Mumbai – 400013

Method 3- Online through Easiest app (only CDSL to CDSL)

Click here to understand the online process in detail

Method 1- Demat Closure cum Transfer

To close your Angel One account and transfer your holdings, you need to submit a
request by uploading your CML (Client Master List) copy of the DP (Depository
Participant) where you want to transfer your holdings. The CML copy should be duly
signed and stamped by the respective DP.

You can submit your account closure request by following these steps:

Visit AngelOne website

1. Navigate to the Profile section on the Account screen of the Angel One app.
2. Scroll to the bottom of the screen and click on “Close Demat and Trading Account”.
3. Read the disclaimer and proceed.
4. Your account closure request will be processed in 3 working days.

For the closure form, you can click here to access it directly.
Please note that account closure is permanent, and once it is closed, you cannot open an
account with Angel One within 90 days.

Method 2- Transfer through DIS / TIFD forms

1. Request a DIS Booklet by filling up DIS request form

2. Fill in the DP Id, BO name and sign the form
3. Courier the form to the nearest Angleone branch
4. You will receive the DIS within 3-5 working days
5. Send the DIS along with a signed and stamped CMR/CML (client master
report) to the nearest branch

Note:

• Charges- Transferring shares from one demat account to another are a flat
transaction fee of ₹20 (+GST) per scrip. This fee remains the same regardless of
the number of shares transferred, whether it's 1 share or 100 shares.
Method 3- Online DIS Work on Angel One (ONLY FOR CDSL to CDSL transfer)

(click here for more details)

1. Request DIS- You can write to service.securities@kotak.com requesting for the

delivery instruction slip. You will then receive the DIS on your registered home
address

Or

You can place online request click here see the process

2. Fill in the DIS (How to fill in a DIS slip)

3. Sign and submitting the DIS (depository instruction slip) to nearest Kotak
securities office.

All share transfer requests received before 4 p.m. on a business day will be processed by
the end of the next working day (working day excludes Saturday, Sunday and trading
holidays).

Once your DIS is received, we will commence the transfer process.

(The Depository (NSDL/CDSL) will send a link to your registered email ID and mobile
number. You will also be sent an OTP. To complete the transfer, you will need to provide
the OTP on the link that is sent by the NSDL/CDSL before 9pm on the executed date.)

Note:

Please note that you are required to submit a request to KSL in attached format (NSDL
form) (CDSL form) in order to add a beneficiary to your demat account for the purpose
of off market transfer. you are required to authenticate it via OTP. Only post completing
these steps your beneficiary will be recorded in the Depository. Kindly note that any off
market transfer shall not be processed unless the beneficiary is added by you. You may
read the circulars here (NSDL circular) (CDSL circular).
 Frequently Asked Questions (FAQs)

What is DP ID and Client ID s?

The length of Demat a/c number is 16 characters. For instance (IN345678 – 12345678)

The first 8 character including “IN” is the DP ID. In the above example IN345678 is the DP
ID. The last 8 character is the Client ID and, in this example, 12345678 is the Client ID.

For a CDSL Demat a/c, the Client ID is also referred as BO ID

How to identify if the Demat a/c type is NSDL or CDSL?

If the DP ID starts with “IN” then the Demat a/c type is NSDL. If all the 8 characters of DP
ID are numeric, then it’s a CDSL. For both NSDL and CDSL accounts, the length of the
account numbers is of 16 characters.

What is BO ID?

BO stands for Beneficiary Owner. In case the Demat a/c type is CDSL then the last 8
character is the BO ID.

How to get CML of Demat linked with ICICI 3-in-1 a/c

One can get the CML from ICICI Bank through Service Requests section on ICICI Bank
website/app under DEMAT section (Path: https:\\www.icicibank.com >> Login using your
ID Password >> Go to Customer Service > Service Request > DMAT section > Click on
Request for Client Master List > To be dispatched to > Email)- confirm the correct address

OR

You can get the CML copy from the bank by getting the SR raised from RM in FCRM,
Create Request -> DP ->A/c Servicing Branch Related DP >> Request for Client Master
List

How to update portfolio

The Portfolio Page is not a reflection of your actual Demat Holdings. Actual Demat
holdings may be checked from Demat Allocation Page under Equity Segment.

On Demat Holdings page, you can view your current holdings. Whereas, on Portfolio
page, you can view realized/unrealized P&L and annualized returns of stocks.
You can manually add shares or update your off-market transactions from the Portfolio
page under the Stocks section on the website

A. Through Advance Options

Go to Stocks-> Portfolio -> Click on Advance Options -> Click on Add New Transaction
Manual -> Add new transactions

B. Through Transaction History

Go to Stocks-> Portfolio -> Under Actions column, click on icon for the stock in which
you want to add manual entries -> Click on Transaction History -> Click on Add
Transaction

C. Through File upload

Go to Stocks-> Portfolio -> Click on Advance Options -> Upload New Transaction

Manual entries will have an impact on Capital gains or P&L statement

Any manual changes made to this page will impact the Equity Capital Gain / Profit &
Loss statement appearing on this page.

Corporate action entries (Split/Bonus/Merger/Demerger) in Portfolio

Corporate action entries such as Split and Bonus are automatically updated in Portfolio.
For recording other corporate action entries, customer can manually update the
transactions in Portfolio page.

In new Portfolio (Portfolio Beta), all corporate actions such as Split/ Bonus/ Merger/
Demerger/ Capital Reduction etc. are automatically updated.