NSDL V/s CDSL

Discussion in 'Beginners Guide' started by prits, Feb 9, 2009.

  1. prits

    prits New Member

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    Hi, what is the difference between nsdl and cdsl
     
  2. bandlab2

    bandlab2 Well-Known Member

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    just 2 depository systems. you dont need to know bother much. you can tansfer from one depositoy to another
     
  3. dennmat

    dennmat New Member

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    How to transfer from CDSL to NSDL?
     
  4. vasa1

    vasa1 Active Member

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    I'm not sure it's so simple. When you open a demat account you have to indicate or find out from the bank/broker with whom they have tied up. When I opened my demat there was only NSDL.

    I don't think you can casually transfer shares between CDSL and NSDL.
     
  5. rvm123

    rvm123 Active Member

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    when u open a demat a/c (either with NSDL or CDSL), u will be provided with the relevant transfer forms also. in those forms, u can use inter-depository transfer forms to transfer a scrip from NSDL to CDSL or vice versa
     
  6. B Varadaraj Pai

    B Varadaraj Pai New Member

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    Hello to the community. Is there any charges while closing the dmate account with NSDL and transfering the same to CDSL under the same name. Kindly guide me. Thanking you

    B Varadaraj Pai
     

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