How to Transfer Shares From another Demat Account to 5Paisa?
Transferring shares to another Demat account helps collect them, making it easy for a shareholder to have an overall view of all his shares.
Steps to Transfer Shares to 5Paisa
| Steps | Description |
| 1 | Register your name with CDSL or NSDL. |
| 2 | Select ‘Easiest- electronic access to securities information and execution of secured transactions”. |
| 3 | Provide your details. |
| 4 | Hand over your filled form to the Depository Participant. |
| 5 | Authenticity is verified, and then you’ll receive an email. |
| 6 | You can log in & transfer shares. |
How to Transfer My Shares to 5Paisa?
Here are the following steps to transferring shares from another Demat account to 5Paisa:
Step 1: You need to register your name on the CDSL or NSDL website by clicking on the “Register Online” button.
Step 2: You need to select an option of a facility named “Easiest- electronic access to securities information and execution of secured transactions”.
Step 3: You need to provide your details.
Step 4: After filling out the form, you can print it out and hand it over to the Depository Participant.
Step 5: The DP then takes care of the proceedings further. He verifies the form filled out by the investor.
Step 6: Once your authenticity is verified, you will receive an email at your registered email ID.
Step 7: You can use the password to log in to the account and start transferring shares independently.