Transferring from CDSL to NSDL (CDSL → NSDL)

When This Applies:

Your old broker uses CDSL but Kotak uses NSDL – Different depositories.

This requires an inter-depository transfer. CDSL and NSDL must coordinate to move the shares.

Method B1: Offline DIS Slip (Recommended & Simplest) ⭐

Why Offline DIS is Better:

✓ No need for digital certificates (DSC)

✓ No technical setup required

✓ Much cheaper than online method

✓ Simple one-time process

✓ Works reliably

DSC Cost Avoided: ₹2,500+ Process Time: 5-7 days

Step 1: Obtain a CDSL DIS Slip

Contact your current CDSL broker via Call support/Email and ask for ‘DIS booklet for off-market transfer’.

You can also check for brokers website and download (If available)

Important: Request CDSL DIS, not NSDL – They have different formats.

Step 2: Fill in the CDSL DIS Slip

CDSL DIS has slightly different fields than NSDL DIS:

Section 1: Your Account Details

• Source BO ID: Your 16-digit CDSL demat account number

• Format: [DP ID (8 digits)] + [Client ID (8 digits)]

• Example: 12345678 87654321

• Your name

• Your PAN

Section 2: Target Account Details (This is crucial)

• Target BO ID (of Kotak – NSDL): 16-digit format

• Kotak DP ID (8 digits): IN300214

• Your Kotak Client ID (8 digits): [Your Kotak ID]

• Write as: IN30021412345678 (no spaces)

• Target DP Name: Kotak Neo - Depository: NSDL

Section 3: Securities Details List of all stocks you’re transferring:

Section 4: Transfer Type

• Mark as: “Inter-Depository Transfer” (very important – not “Off-Market” for inter-DP)

• Source Depository: CDSL

• Target Depository: NSDL

• Transaction Type: Off-Market

• Reason: “Own Account Transfer” or “Transfer to self”

Section 5: Sign

• Date: Today

• Signature: Exactly as per your CDSL DP records

• Joint holders: All must sign in sequence

Step 3: Prepare Supporting Documents

Gather these along with your signed DIS:

1. Kotak CMR (Client Master Report)
2. PAN Copy (Optional but helpful)
   • Self-attested copy of your PAN card
   • Write “Self-attested” and sign

Step 4: Submit to Your CDSL Broker

In-Person:

1. Visit your broker’s branch

2. Bring: Signed DIS + Kotak CMR + PAN copy

3. Hand over to operations desk

4. Get: Dated acknowledgment receipt with reference number

By Courier:

1. Make copies of DIS + CMR

2. Send via registered post

3. Keep the postal receipt

By Email: (if broker accepts)

1. Scan all documents

2. Email with subject line including your name and account number

3. Keep the confirmation email

Step 5: Depository Processing

What Happens:

1. Your CDSL broker submits to CDSL

2. CDSL batches inter-depository requests (happens multiple times daily)

3. NSDL receives the batch and processes

4. Securities are credited to your Kotak account

5. CDSL sends you debit confirmation; NSDL sends credit confirmation

Timeline:

• Broker processing: 2-3 days

• Depository coordination: 2-3 additional days - Total: 5–7 working days

Step 6: Verify in Kotak

Check your Kotak Neo account after 5-7 days:

• Holdings should show transferred securities

• Quantities should match your request

• Value should be reflected in portfolio

✓Transfer Complete! The shares have moved from your old account to Kotak.