What is inter-depository transfer in NSDL?
Transfer of securities from an account in one depository to an account in another depository is termed as an inter-depository transfer. This facility is quite similar to the account transfers within NSDL. It can be done only for securities that are available for dematerialization on both the depositories.
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What is intra and inter-depository transfer?
The Central Depository Services India Limited (CDSL). Stocks transferred from one Demat to another within the same depository, is called intra-depository transfer. A transfer from one depository to another, is called an inter-depository transfer. ...
Can I transfer shares from CDSL demat account to NSDL demat account?
Yes, you can transfer shares from CDSL demat account to NSDL Demat account. While transferring shares from one depository to another, you have to choose 'Inter-Depository' option as a transfer mode. Note: The securities you are transferring must be ...
How to fill DIS(Delivery Instruction Slip) and procedure to transfer shares from my demat account?
DIS is used to transfer shares from your Demat to another Demat Account. Kindly note, you also require to submit the self-attested hard copy of client master report where in you wish to transfer your shares. Below are the details you are required to ...
When do you need Physical DIS ?
If the client does not have electronic share transfer facility (electronic access to securities information and execution of secured transactions) Speed-e in case of NDSL and Easiest in case of CDSL. Then you need Physical DIS to execute the ...
How to process DIS request ?
Delivery Instruction Slip (DIS) Request Process: The DIS slip is essentially like a cheque but for your Demat account transactions. It is used to facilitate and authorize the sale or transfer of shares from one account to another. In order to conduct ...