Zerodha - Number One Discount Broker in India

Zerodha

Well-Known Member
thanks. much awaited. Can you confirm the flow:


only trading a/c (no demat) = new demat a/c opening with zerodha.

existing trading + ILFS demat a/c = demat a/c opening + transfer form? + ILFS closure form?
Yes, if someone is holding only trading account with us, you have to send a new demat form.

If you are holding an existing demat with IL&FS, send new demat form along with a IL&FS closure request form (this will be updated on our site by monday). Once Zerodha demat is opened, we will send this closure request to ILFS and all stocks will be moved to Zerodha demat free of cost.
 

Rish

Well-Known Member
But...one thing is strange today...all lines are busy and nobody has been connected..no message..no answers...from 9.20 to 9.50 a.m.

If not able to contact your executive thru landline also...how to reach you..if there is a issue ?
My above query is not yet answered...any issue or no answer ?
 

megapixel

Well-Known Member
We have sent the feedback to TR our technology vendors. If our competitor is using the same NEST mobile app and this feature is there? hmm.. donno how it is possible, but checking.
Yes. its working perfectly for them.

Btw, we will include this on Kite very soon, exiting the entire/partial portfolio on a click of a button.
This is a good news. ...happy with this arrangement.

Thanks
 

comm4300

Well-Known Member
Yes, if someone is holding only trading account with us, you have to send a new demat form.

If you are holding an existing demat with IL&FS, send new demat form along with a IL&FS closure request form (this will be updated on our site by monday). Once Zerodha demat is opened, we will send this closure request to ILFS and all stocks will be moved to Zerodha demat free of cost.
Follow up question:

Now that you have your own DP; will the pledging of shares be made available online - via Pi and Kite?
 

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