How to transfer shares using CDSL Easiest? (2024)

FAQs

How to transfer shares using CDSL easi? ›

Login to CDSL Easiest (refer to this article) and navigate to the 'Transaction' section. Here, select 'Setup'. Opt for 'Bulk Setup', followed by 'Transaction'. Input the desired execution date and provide the Beneficiary Owner ID (BOID) of the account you wish to transfer shares to.

Step 1: Fill out the DIS (Delivery Instruction Slip) and give it to your broker. Step 2: The broker sends your request to the depository. Step 3: The Depository moves your shares to your new Demat account. Step 4: Your new Demat account shows all your shares after the transfer is done.

Enter the 8-digit alphanumeric CDSL easiest PIN received on the registered email ID. Do not enter the 6-digit CDSL TPIN. First-time users must change the default PIN by visiting web.cdslindia.com/myeasitoken/home/login and, clicking on Miscellaneous, and then on Change PIN.

IS EASIEST THE SAME AS EASI? EASIEST, not only provides all the benefits of EASI, but also gives a beneficial owner (BO) and the clearing member (CM) the convenience of executing debit or credit instructions from their demat account. This can be executed over the internet at anytime and anywhere.

Yes. You can digitally transfer shares using CDSL's “EASIEST” facility or NSDL's “SPEED-e” platform, depending on who the transferor broker is registered with.

- Choose the appropriate transfer mode, either intra-depository or off-market. - Fill out and sign a Debit Instruction Slip (DIS) provided by your Depository Participant (DP). - Submit the completed DIS slip to your current broker or DP and obtain an acknowledgment receipt.

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.

Shares can also be shifted from one Demat account to another online. The following steps give an idea of the process. The investor needs to register his name on the CDSL or NSDL website by clicking on the “Register Online” button.

CDSL EASIEST is an initiative by Central Depository Services Ltd. (CDSL) that allows you to access your demat account details from anywhere using the CDSL website. Once you've done CDSL EASIEST registration, you are provided a login ID and password which you can use for logging in.

Online Transfer Method:

The CDSL depository firm offers an online transfer method called electronic access to securities information and execution of secured transaction (EASIEST). Using this method, you can easily transfer shares from one Demat Account to another online.

Can you move stocks from one broker to another without selling? ›

An in-kind or ACAT transfer allows you to transfer your investments between brokers as is, meaning you don't have to sell investments and transfer the cash proceeds — you can simply move your existing investments to the new broker.

However, if the transfer is between CDSL and NSDL, just mention the counter party's BOID under the instruction type option/Inter Depository (14 digits followed by two letters). Counter BO/CM Name – Name of the party you transfer the shares to. Your Signature – Add your signatures, and that's all!

The Investors who have a Demat account with CDSL, have the option of doing off market sale of shares electronically from their Demat Account. CDSL allows you to transfer all types of securities (Stocks, NCDs, ReITs, InvITs, ETFs etc.)