|
|
| Discuss Is it possible to transfer shares from one demat to another demat at the Brokers & Demat Matters within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Recently I opened demat+trading account in Geojit and i want to open an account ... |
|
|||||||
| Notices |
| Brokers & Demat Matters Talk about brokers, share transfers, demat matters and depository participant service providers. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
17th August 2005, 03:05 PM
|
|||
|
|||
Is it possible to transfer shares from one demat to another demat
Hi
Recently I opened demat+trading account in Geojit and i want to open an account in Sharekhan(as it scores more compared to Geojit). My doubt is, *if i hold any shares in the demat account opened through Geojit, can i close that demat account and transfer the shares to the new account which i open in Sharekhan?if it is so whats the procedure? *Is it possible to open just trading account in Sharekhan and use the demat account provided by Geojit? *whats the procedure to close the demat accounts??? 
|
|
#2
17th August 2005, 07:29 PM
|
|||
|
|||
Re: Is it possible to transfer shares from one demat to another demat
You can transfer shares from one a/c to another demat a/c just the way you can transfer money. However, you will be charged with some amount (something like 0.05 percent) when you "take the shares out of" a given demat a/c (there should not be any charge at the depositing end). Again, there may be difference between service providers in this aspect.
As for closing the a/c, you just need to tell them that you want to close, the way you do in case of a normal bank a/c. Using the trading a/c by one service provider when you have the Demat a/c with someone else - this also should be possible - unless sharekhan made it a "package" offer (like all or none). If I remember it right, Sharekhan folks allow you to do so. You may just call them and check.
|
|
#4
17th August 2007, 12:16 AM
|
|||
|
|||
|
Re: Is it possible to transfer shares from one demat to another demat
hey one more thing. if u are trasfering all your holding from one demat account to a new demat account and both the demat accounts are in your name then there are no trasfer charges. this is as per NSDL circular , so do take care of this .
happy trasferring.
|
|
#5
8th January 2008, 07:20 PM
|
|||
|
|||
|
Re: Is it possible to transfer shares from one demat to another demat
How Can I Transfer Shares From My Icici Demat Account To Another's Icici Demat Acount?please Any One Tell Me...
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: Is it possible to transfer shares from one demat to another demat
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| transferring shares from one demat a/c to another. | bhangima | Brokers & Demat Matters | 4 | 19th December 2007 09:20 PM |
| What is delisting of shares | Mohan | General Trading & Investing Chat | 1 | 27th September 2007 12:43 PM |
| Short term capital gains tax or Business income | sh50 | Taxation Matters | 15 | 1st January 2006 04:57 PM |
| Six facts about PNB shares | anjaynay | Initial Public Offers (IPO's) | 2 | 15th April 2005 05:47 PM |
| What is a demat account | TATrader | Brokers & Demat Matters | 2 | 29th March 2005 03:59 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
