How can I transfer my Demat account from one broker to another?

Steps for Transferring your Demat Account:

First of all you need to open up new demat account with your preferred Broker, let us assume new broker to be Zerodha and old broker to be abc ( ICICI, HDFC, UPSTOX, PROSTOCKS etc any )

• Step by step guide for opening a new account with Zerodha within 1 hour with just with Coupon link :

1. Aadhaar card
2. PAN card
3. 300 ₹ ( 100 ₹ Coupon )

• Then all you need is to ask your previous Broker to release your shares to your current broker Zerodha that’s it.

Link 1: How do I transfer shares from one demat account to another?

Link 2: How do I fill in a DIS slip?

You can check this article for how to fill up the DIS slip or any other form.

• Other way around

In case you have less stocks in your old account and you should sell those shares, and take out your funds from your old demat account. And can continue to start fresh with Zerodha Account.

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