Share transfer

[jackbauerr123]

My father has shares in DEMAT form in sharekhan.
He wants to gift me shares.
I too have a Sharekhan demat AC.

But sharekhan is charging 0.03% as transaction charges.

Is there any other way to transfer shares to me without incurring charges?

Can we directly transfer thru NSDL Ideas platform?
If so, then will Sharekhan still be able to charge me transaction charges?

 

[MDK]

My father has shares in DEMAT form in sharekhan.
He wants to gift me shares.
I too have a Sharekhan demat AC.

But sharekhan is charging 0.03% as transaction charges.

Is there any other way to transfer shares to me without incurring charges?

Can we directly transfer thru NSDL Ideas platform?
If so, then will Sharekhan still be able to charge me transaction charges?

No Way out - they will charge the transaction charges as this is a off-market transaction between 2 different Beneficial owners. Even if you transfer thru NSDL ideas platform ultimately it is a Off market transaction for the DP and he will charge.

Only in case of Account closure and transfer where both the Beneficial owners are same (same PAN) there is exemption for charges.