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| Discuss Transfer from ICICI to Sharekhan at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; My brother In law has around 10000 Satyam( He was working for satyam earlier)shares and ... |
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#1
30th April 2008, 09:35 AM
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Transfer from ICICI to Sharekhan
My brother In law has around 10000 Satyam( He was working for satyam earlier)shares and were deposited into ICICI demat a/c on 9th May 2007 and he lives in US ) . He wants to sell around 5000 of them through Sharekhan as Brokerage is less compared to ICICI.
I have few queries 1) Can he transfer all his shares to Sharekhan 2) What would be the charges applicable while transferring 3)What would be Brokerage charges applicable while selling shares from ICICI and Sharekahan. 4)What sork for Taxes would be applicable While / after selling the shares. 
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#2
30th April 2008, 09:39 PM
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Re: Transfer from ICICI to Sharekhan
Hi. it is not wise to transfer and sell. Becoz DP to DP transfer charges + taxes. And then in addition there will be brokerage of sharekhan also. So, you can directly sell from ICICI demat.
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#3
30th April 2008, 09:50 PM
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Re: Transfer from ICICI to Sharekhan
what would be the charges applicable for selling shares through ICICI
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#4
1st May 2008, 10:39 PM
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Re: Transfer from ICICI to Sharekhan
i had read somewhere that if you transfer all your holdings from one demat account to another in the same name no charges are required to be paid. pl check from sebi site.
Last edited by rakamath; 1st May 2008 at 10:48 PM.
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#5
2nd May 2008, 09:40 AM
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Re: Transfer from ICICI to Sharekhan
Quote:
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