+ Expand AllShare Transfer

  • Q For whom is this applicable to?
    A
    This is applicable to online trading customers.
  • Q What is the procedure to transfer shares from DP Account?
    A

    You can transfer shares from your DP as follows:

    1. Submit the duly filled Delivery Instruction Slip (DIS) signed by all account holders at your nearest branch.

    2. Please mention valid counter “DP ID” and “Client id” details to ensure proper transfer.

    The share transfer request given shall be processed only if:

    • There is no unpaid debit balance in your ledger.
    • Your gross exposure is well within the trading limit available to you.
    • The shares are not already sold in your account.

    NOTE: All requests received till 4 pm on a working day shall be executed on the next working day (excluding Saturday, Sunday and holidays). Accordingly, you shall be able to view the status (i.e. addition/removal) of the scrip in/from your DP account the day after.

  • Q What is the procedure to transfer shares (out) from NRI DP Account?
    A

    You can transfer shares from your DP as follows:

    1. Post Login to your Trading a/c through Kotak Securities Website, please refer the below steps:-

    • Choose Option ' DP 'Share Transfer 'Select Off-Market Share Transfer (Please Note On-Market Share Transfer option is not Valid)
    • Enter the Name of the Transferee (Name of the account holder to whom you wish to transfer the shares)
    • Transferee DP ID
    • Transferee Client ID - DP Id of the account holder who you wish to transfer the shares
    • Select the scrip you wish to transfer
    • Re-enter your Trading Password/Security Key Number
    • Click on SUBMIT
    • System will generate a Reference number against the share transfer request.
    • Send the system generated reference number to your Relationship Manager/ Dealer or NRI customer Service team along with "Client Master List of Transferee Client ID" in order to process the share transfer request.

    Please make a Note of below Points

    • CML copy is mandatory to process the share transfer request successfully.
    • If the person, whom you intend to transfer shares, has a DP account with CDSL, then kindly enter "CDSL" in Transferee DP ID option and the 16 digit number in the Transferee Client ID option.
    • Your request shall be processed only if; the shares are not already sold in your account.

    NOTE: All requests received till 4 pm shall be executed on the next day (excluding Saturday, Sunday and holidays). Accordingly you shall be able to view the status (ie. addition/removal) of the scrip in/from your DP account the day after.

  • Q What is the procedure to pledge my shares?
    A

    If you wish to pledge your shares, we shall require a physical request signed by all the account holders. You may submit the same at the nearest branch.
    You shall receive a pledge form which needs to be filled with the below details.

    • Create pledge / hypothecation
    • Close pledge / hypothecation with Pledge Order No.
    • Invoke pledge / hypothecation with Pledge Order No.
    • Unilateral closure of pledge / hypothecation with Pledge Order No.
    • Cancel Pledge with Pledge Order No.
    • Client id
    • Client name
    • Agreement number
    • Closure date
    • Instruction type (pledge / hypothecation)
    • Counter party pledgor / pledgee client id
    • Counter party pledgor / pledgee name
    • Counter party pledgor /pledgee DP Id
    • Counter party pledgor /pledgee DP name
    • Scrip name /Scrip ISIN
    • Quantity- Figures and words

    Post successful submission, the pledge will be executed and the pledge reference number will be shared with the customer.

  • Q What is the procedure to Dematerialize shares?
    A
    We request you to fill the dematerialization form if you wish to demat the shares. Kindly get in touch with your nearest branch for the same.
Why Demat Account?
  • Mandatory by SEBI
  • Easy Portfolio Management
  • Security of Equity Investments.
Reach Us
Why Demat?

Read More >