How to Transfer Shares to Another CDSL Demat Account: CDSL Easiest

You need to register to transfer shares from your CDSL account to other CDSL Demat accounts.

Once you’ve registered, follow these steps to transfer securities from your DEMAT account

Step 1: Adding a Beneficiary

Before you can move securities off-market, you must link the receiver’s account as a beneficiary.

1. Access the Portal: Visit the CDSL Easiest login page.
2. Click on Miscellaneous > BO Linking > BO Linking Setup.
3. Input the buyer’s (receiver’s) BO ID and PAN, then click Submit.

Step 2: Verifying the Beneficiary

Once initiated, CDSL will send a verification email to authenticate the new link.

1.  Click the link provided in the CDSL email.
2. Enter your (the transferor’s) PAN or 16-digit Demat Account Number.
3. Click BO SELLER BUYER LINK and then Submit.
4. Final Acceptance: Tick the beneficiary details, click Generate OTP, enter the code received, and click Accept.

The beneficiary is added instantly upon completion.

Step 3: Share Transfer Online

With the beneficiary verified, you can now initiate the off-market transfer.

1. Within CDSL Easiest, go to Transactions > Setup

1. Click On  Bulk Setup.

2. Specify Target: Enter the Execution Date and select the Beneficiary Owner ID (BOID) of the receiver.

3. Entity Identifier: Set the “Entity Identifier” drop-down to NA.

4. Select Securities: Click Account ISINs, choose your holdings, and enter the Quantity and Reason for Trade.

• For Sales: If money is being exchanged, enter the Consideration Amount, select the payment mode, and provide the buyer’s bank details.
• For Gifts/Self-Transfers: If no money is exchanged, set the consideration amount to zero and leave the payment mode blank.

Step 4: Final Authentication and Approval

1.Commitment: Review your transaction list, select the entries, and click Commit.

2. Verification: Enter the OTP sent to your mobile/email and your 8-digit alphanumeric CDSL Easiest PIN.

• Note: Do not use your 6-digit TPIN here.

3. DP Approval: The request is sent to your Depository Participant (DP) for final confirmation and processing.

Important Considerations

To avoid transaction failure, keep the following constraints in mind: