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| Discuss Transfer of shares from one dp account to one dp account at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi i am trading throgh one online broker,but the pblm that their have minum brokerage ... |
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#1
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Hi
i am trading throgh one online broker,but the pblm that their have minum brokerage commitment that Rs 25/- per trade Or 2.5% of trade value (which ever is lower). Minimum Brokerage of 0.02% will always be levied to your account.Thyeir for i plan to shift Angel broking.How i transfer my shares from one dp account toanother dp account.what are fees in that? how much time it take?let me know? |
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#2
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regards suba |
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#3
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- First you should open the new DP account ( IN this case Angel) - Approach your old DP (In case of Offline account you will have to fill the DIS (Depository Instruction Slip ) Book. In case of online , if your broker permits then you can transfer the shares from your online account as well. - Generally the fees range from broker to broker (anywhere from Rs 35 - Rs 50 per scrip irrespective of quantity) This is charged by your Old broker and not the new one. - In case you close your demat and move to another DP the transfer is free as per SEBI directive. - Ideally Transfer happens the same day you initiate the transfer (NSDL-NSDL) Hope this helps Inspire. |
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