How to Transfer Shares From Another Demat Account to a Nuvama Account?
The transfer of shares from one Demat account to another has become effortless by executing the process online. However, there are some steps to be followed to transfer your shares. Let’s learn about the same in brief:
Steps to Transfer Shares from One Demat Account to Another
| Steps | Description |
| 1 | Log in to CDSL |
| 2 | Click ‘Set-up’ under the Transaction tab |
| 3 | Select Execution Date and enter BO ID |
| 4 | Click + symbol |
| 5 | Add ISIN details |
| 6 | Click Account ISIN |
| 7 | Enter Quantity and Click OK |
| 8 | Tap on Commit |
| 9 | Enter PIN |
| 10 | A successful authentication message will be received |
How do I Transfer Shares from Another Demat Account to a Nuvama Account?
Here are the steps to follow to transfer your shares from another Demat account to a Nuvama account:
Step 1: Log in to CDSL by visiting the website https://web.cdslindia.com/myeasi/Home/Login.
Step 2: Once you enter the home page, you need to click on the ‘Set-up’ section that comes under the ‘Transaction Tab’.
Step 3: After clicking on the transaction, you need to select the execution date & enter BO ID.
Step 4: Then click on the + symbol.
Step 5: Add the ISIN details.
Step 6: Next, you need to select the ‘Account ISIN’ of the shares you want to transfer.
Step 7: You need to enter the ‘Quantity’ and click on OK.
Step 8: You need to tap on ‘Commit’.
Step 9: Next you need to enter the PIN.
Step 10: Then, you will receive a successful authentication message.
By following these steps you can transfer shares from another Demat account to Nuvama.