Transferring Within NSDL (NSDL → NSDL)

When This Applies:

Your old broker uses NSDL AND Kotak (which uses NSDL) – Both accounts are in the same depository.

Offline Transfer via DIS Slip (If You Prefer Paper)

If you prefer offline method, fill in a Delivery Instruction Slip (DIS) and send it to your broker to complete the transaction.

Step 1: Request a DIS Booklet

Contact your old 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)

Ensure you request:

• NSDL DIS (not CDSL – they have different formats)

• A physical booklet or printed slips

Step 2: Fill the DIS Slip

The DIS is a standard form with sections to fill:

Section 1: Your Account Details

• Source DP ID: Your current broker’s DP ID

• Source Client ID: Your 8-digit demat number

• Your name: As per DP records

• Your PAN

Section 2: Target Account Details

• Target DP ID: IN300214 (Kotak’s NSDL ID)

• Target Client ID: Your 8-digit Kotak demat number

• Target DP Name: Kotak Neo

• Target PAN: Your PAN

Section 3: Securities Details Create a list of what you’re transferring:

Section 4: Transaction Details

• Transfer Type: Off-Market Transfer (not “Market Trade”)

• Depository Type: NSDL-to-NSDL

• Reason: “Own Account Transfer” or “Self-transfer”

• Consideration Amount: 0 (no money involved)

Section 5: Sign the Slip

• Date: Today’s date

• Signature: Sign exactly as per your DP specimen signature (very important)

• For joint accounts: All holders must sign in the correct sequence

Step 3: Submit the DIS

Choose Your Method:

Option A: In-Person at Branch

1. Visit your broker’s branch office

2. Bring the signed DIS slip

3. Hand over to the DP operations desk

4. Request: “Acknowledgment receipt with reference number”

5. Keep the receipt for tracking

Option B: Courier/Registered Post

1. Send via registered post with acknowledgment due

2. Keep the postal receipt

3. Send to your broker’s operations address

Option C: Email (if your broker accepts)

1. Scan the signed DIS clearly

2. Email to your broker’s support

3. Subject: “DIS for Off-Market Transfer – [Your Name]”

4. Keep the email confirmation

Step 4: Processing

Your broker’s DP team will:

1. Verify your signature and DIS details

2. Check that all info is correct

3. Submit to NSDL’s system

4. NSDL processes and executes the transfer

Timeline:

• Broker processing: 2-3 working days

• NSDL execution: 3-4 additional working days

• Total: 5-7 working days (slightly longer than Speed-e)

Step 5: Verify in Kotak

Check your Kotak holdings within 5-7 days to confirm receipt.

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