Can I transfer my existing demat account holdings to Zerodha? (2024)

Yes, you can transfer your existing shares in another broker's demat to your Zerodha demat account. There are two types of transfer of holdings between demat accounts- intra-depository transfer and inter-depository transfer. The type of transfer depending on your current central depository of the demat account, NSDL and CDSL. If the central depository of both the demat accounts is the same then it will be an intra-depository transfer. For example, if both the demat accounts you're transferring shares are held with NSDL then its intra-depository transfer. Transfer of holding between a NSDL demat account and a CDSL demat account and vice versa is called inter-depository transfer.

To transfer shares from one demat to another, you need to use the Debit Instruction Slip (DIS) booklet provided by your Stock Broker. Here, you have to enter the names of shares along with their unique ISIN numbers. Then you have to provide the Target Client id (a 16-character code consisting of the DP id and the client id). Next, you need to select the transfer mode selection- intra-depository or inter-depository.

Transferring of shares takes time. Also, every time you want to sell shares held in your non-zerodha demat account using zerodha trading platforms, you have to first transfer the shares to zerodha demat account. That's why it is recommended to open a demat account along with a trading account with Zerodha.

Can I transfer my existing demat account holdings to Zerodha? (2024)

FAQs

Can I transfer my existing demat account holdings to Zerodha? ›

Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Yes, you can transfer your existing shares in another broker's demat to your Zerodha demat account.

Can I link my existing demat account to Zerodha? ›

Can a demat account maintained with other brokers be mapped to a Zerodha trading account? No, a demat account with another broker cannot be linked to your Zerodha trading account.

What is the maximum amount I can transfer to Zerodha account? ›

More than one bank account can be linked to the Zerodha account. To see the linked bank accounts, log in to console.zerodha.com/account/bank. A maximum of ₹1 crore can be added through internet banking using the payment gateway and ₹2 lakhs using UPI in a single transaction.

How can I transfer my demat account holdings? ›

The following is the process of transfer of shares from one Demat account to another in brief.
  1. Step 1: Fill out the DIS (Delivery Instruction Slip) and give it to your broker.
  2. Step 2: The broker sends your request to the depository.
  3. Step 3: The Depository moves your shares to your new Demat account.

Can I transfer my shares from HDFC Securities to Zerodha? ›

Shares can be transferred from other brokers to Zerodha in two ways: Close the existing account with the other broker and transfer to Zerodha for free (Closure cum transfer). Retain the existing account with the other broker and transfer to Zerodha at a charge (Off-market transfer).

Can one person have 2 demat accounts in Zerodha? ›

Even though two demat accounts can be opened, only one trading account can be opened per client, and it will be linked to the individual demat account.

What happens to an existing demat account for NRI? ›

Once you become an NRI and plan to continue investing in India, you will have to close your existing resident demat account and open a new NRI demat account under PINS. You need to open separate demat accounts for repatriable and non-repatriable investments.

Can I withdraw 10 crore from Zerodha? ›

A maximum of ₹5 Crores can be withdrawn per day. For instant withdrawals, the withdrawal requests must be for a minimum of ₹100 and not exceed ₹1,00,000 per day. The withdrawal limit is subject to the availability of withdrawable balance in the trading account. To learn more, see What is the withdrawable balance?

How to transfer 10 lakhs to Zerodha? ›

Transfer funds instantly from the registered bank account using UPI for free. All UPI transfers must be initiated from Kite. Zerodha does not accept digital wallet transfers or transfers directly from UPI apps.

Can I transfer 15 lakhs in one day? ›

There is no limit or maximum amount for NEFT Transactions. However, each bank may have certain specified limits for their NEFT services. For example, HDFC Bank has an NEFT Transfer Limit of Rs. 25 Lakhs per day per customer ID if the transaction is done through online mode.

Can I transfer brokerage holdings? ›

Yes. Brokers will directly transfer your investments from one account to another. This is typically easier and more profitable than manually selling stocks and repurchasing them.

How can I transfer my Zerodha holdings to another account? ›

To transfer shares from a Zerodha demat account to another demat account offline, follow these steps:
  1. Submit the Delivery Instruction Slip (DIS) to the below address: ...
  2. Once Zerodha receives the DIS slip, the transfer request is verified over a call or an email for security purposes.

Which Demat account is best in India? ›

Features of The Top 10 Best Demat Accounts 2024
  • Paytm Money. Paytm Money gives you access to a wide range of investment options to manage your money and achieve your financial goals. ...
  • Zerodha. ...
  • Upstox. ...
  • Aditya Birla Capital. ...
  • 5Paisa Demat Account. ...
  • Groww Demat Account. ...
  • Axis Direct Demat Account. ...
  • Kotak Securities Demat Account.
Mar 11, 2024

What is the charges for share transfer in Zerodha? ›

The standard off-market transfer fee of ₹25 or 0.03% per stock, + 18% GST whichever is higher, is applicable. There are no additional charges for gifting securities. This is automatically debited from the sender's trading account.

Can I transfer money to Zerodha from any account? ›

You can add funds using NEFT/IMPS/RTGS using your Internet Banking by remitting the funds to Zerodha's bank account. You can find the bank account numbers here . Note: Fund transfers only from linked Bank Accounts will be accepted.

Can I give my demat account to another broker? ›

You may be apprehensive about transferring your Demat account, but rest assured that it is extremely safe. One thing to keep in mind while you go through this process is to chat to your broker about the fees involved. For a variety of reasons, a demat account transfer can be initiated.

Can I link my demat account to another trading account? ›

To answer the question of whether it is possible to link Demat and trading accounts, the answer is yes. One can link a Demat account from a DP to a trading account opened with a stockbroker. But there's a catch: a broker might not allow you to link multiple Demat accounts to their trading.

Can I have 2 demat accounts linked to the same trading account? ›

A trader can have multiple Demat and trading accounts. There is only one condition in this situation, you cannot open multiple Demat and trading account with the same stockbroker or same depository participant. You can only have one Demat and trading account with one stockbroker.

Can I use my existing DP with your trading account? ›

Linking the demat account with the trading account

This means that if someone wishes to open another demat account, they would need to approach a different depository participant. An individual can link a demat account from a DP with a trading account opened with a stockbroker.

How to open Zerodha account with existing demat? ›

To open a demat account when a trading account already exists, courier the demat application form (PDF) to Zerodha. The demat account will be opened only if the client is KYC compliant. Non-KYC-compliant clients must courier the KYC form (PDF) and the demat application form.

Top Articles
The New York Times Quietly Makes Big Changes To Wordle
How to Entice a Home Seller to Extend When a Closing Is Delayed
Katie Pavlich Bikini Photos
Gamevault Agent
Pieology Nutrition Calculator Mobile
Hocus Pocus Showtimes Near Harkins Theatres Yuma Palms 14
Hendersonville (Tennessee) – Travel guide at Wikivoyage
Doby's Funeral Home Obituaries
Compare the Samsung Galaxy S24 - 256GB - Cobalt Violet vs Apple iPhone 16 Pro - 128GB - Desert Titanium | AT&T
Vardis Olive Garden (Georgioupolis, Kreta) ✈️ inkl. Flug buchen
Things To Do In Atlanta Tomorrow Night
Non Sequitur
Crossword Nexus Solver
How To Cut Eelgrass Grounded
Pac Man Deviantart
Alexander Funeral Home Gallatin Obituaries
Craigslist In Flagstaff
Shasta County Most Wanted 2022
Energy Healing Conference Utah
Testberichte zu E-Bikes & Fahrrädern von PROPHETE.
Aaa Saugus Ma Appointment
Geometry Review Quiz 5 Answer Key
Icivics The Electoral Process Answer Key
Allybearloves
Bible Gateway passage: Revelation 3 - New Living Translation
Yisd Home Access Center
Home
Shadbase Get Out Of Jail
Gina Wilson Angle Addition Postulate
Celina Powell Lil Meech Video: A Controversial Encounter Shakes Social Media - Video Reddit Trend
Walmart Pharmacy Near Me Open
Marquette Gas Prices
A Christmas Horse - Alison Senxation
Ou Football Brainiacs
Access a Shared Resource | Computing for Arts + Sciences
Vera Bradley Factory Outlet Sunbury Products
Pixel Combat Unblocked
Cvs Sport Physicals
Mercedes W204 Belt Diagram
'Conan Exiles' 3.0 Guide: How To Unlock Spells And Sorcery
Teenbeautyfitness
Where Can I Cash A Huntington National Bank Check
Facebook Marketplace Marrero La
Nobodyhome.tv Reddit
Topos De Bolos Engraçados
Sand Castle Parents Guide
Gregory (Five Nights at Freddy's)
Grand Valley State University Library Hours
Holzer Athena Portal
Hello – Cornerstone Chapel
Stoughton Commuter Rail Schedule
Selly Medaline
Latest Posts
Article information

Author: Catherine Tremblay

Last Updated:

Views: 5736

Rating: 4.7 / 5 (67 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Catherine Tremblay

Birthday: 1999-09-23

Address: Suite 461 73643 Sherril Loaf, Dickinsonland, AZ 47941-2379

Phone: +2678139151039

Job: International Administration Supervisor

Hobby: Dowsing, Snowboarding, Rowing, Beekeeping, Calligraphy, Shooting, Air sports

Introduction: My name is Catherine Tremblay, I am a precious, perfect, tasty, enthusiastic, inexpensive, vast, kind person who loves writing and wants to share my knowledge and understanding with you.