How to Transfer Shares From One Demat Account to Another? New Process 2026

Overview

The video explains how to transfer equity holdings between two Demat accounts using the CDSL-to-CDSL route, specifically through the CDSL “easiest” portal (instead of broker-to-broker transfers). It includes a practical walkthrough, eligibility conditions, fees, possible failure reasons, and tax considerations.

---

Instruments, Entities, and Identifiers Mentioned

Securities

• Jio Financial Services (equity)
  • Quantity transferred: 2 shares

Demat accounts / platforms (mentioned)

• Groww (from-account)
• Dhan (to-account / wife’s account)
• Other possible destination platforms mentioned (linked with CDSL per narrator):
  • Zerodha
  • Angel One
  • AAP

Depositories

• CDSL (main workflow shown)
• NSDL (mentioned as a different process; no step-by-step details)

Operational identifiers and required fields

• DPID
• Client ID
• BO ID
• BUID
• PAN
  • Used for BO linking

Miscellaneous reference

• “EGST website” is referenced for checking whether the stock appears in the receiving portfolio (no ticker-level finance metrics provided).

---

Step-by-Step Workflow: CDSL-to-CDSL Transfer via CDSL “easiest”

1) Open CDSL “easiest”

• Visit the CDSL easiest website.

2) Login / registration details

• Enter:
  • DPID: first 8 digits of the BO ID
  • Client ID: last 8 digits of the BO ID
• Complete OTP verification (OTP valid for 5 minutes).
• Create a username.
• Set account type: Trusted Account PIN.
• Set security question + answer.

3) Receive password and sign in

• Login password is sent via email.
  • Delivery may take up to 24 hours (narrator received it the next day).
• Login and enter OTP, then change password.
  • Password change triggers a logout/login again.
• Receive and/or reset PIN:
  • If PIN isn’t received, reset using the security question.
  • PIN is then sent to email.

4) Configure the “trusted account” mapping

• Navigate to: Miscellaneous → Edit Trusted Account
• Add the receiving account using the receiver’s BUID (wife’s Dhan BUID).
• Wait for authentication/mapping:
  • The trusted account request remains pending.
  • It may take up to 24 hours.

5) Link buyer/receiver BO details (required)

• Navigate to: Miscellaneous → BO Linking setup
• Enter:
  • Buyer’s BO ID
  • Buyer’s PAN
• Ensure the status becomes verified.
  • Narrator couldn’t transfer until trusted account authentication completed.
• Next-day update:
  • Status changes to Authenticated by DP.

6) Create the transfer instruction

• Go to: Transactions → Setup → Bulk Setup
• Set:
  • Execution Date = today
  • Counter BO ID = receiving account
  • Entity identifier = NA
• Add stock details via “Account ISIAs”
• Select:
  • Stock: Jio Financial Services
  • Quantity: 2
• Reason for trade:
  • “gift”
  • Remark example: “gift to wife”

7) Submit and verify

• Use: Submit → Verify → Submit again
• OTP + Trusted Account PIN are required.
• The system shows:
  • “Authenticated Successfully”
  • A transaction ID

8) Post-transfer confirmation

• Next day:
  • Sender’s holding decreased (example: 3 → 2 shares)
  • Receiver’s holding increased to 2 shares

---

Key Numbers, Recommendations, and Cautions

Time limits and delivery timelines

• OTP validity: 5 minutes
• Password delivery: up to 24 hours
• Trusted account mapping/authentication: may take up to 24 hours

Fees (broker-dependent)

• Often “mostly” around ₹20
• Other possible fees mentioned: ₹15, ₹25, ₹30

Explicit transfer failure conditions

• Negative balance in Demat account (fees can’t be deducted)
• Dormant / deactivated Demat account
  • May require reactivation if unused for about 1 year
• Wrong login details can occur due to browser-saved data
  • Suggested fixes:
    • Clear browser history
    • Try another browser
    • Use incognito mode

“Buy price” note after transfer

• The receiving broker reflects the current price as the buy price at transfer time.
  • Example given: transfer during a price rise from ₹24 to ₹32.
• Changing the cost basis is implied to be possible only via a different process (not described).

---

Tax / Investment Implications Mentioned

If you sell instead of transferring

Selling can lead to:

• Profit booking
• Tax on profits

Capital gains logic (mentioned)

• LTCG (Long-term capital gains) if held long enough
• STCG (Short-term capital gains) if sold before long-term classification

Transfer vs sell recommendation (as stated in logic)

• If shares are long-term holdings, transferring may be preferable to selling and rebuying to avoid unnecessary taxable events.

---

Disclosures / Disclaimers

• No explicit “not financial advice” disclaimer appears in the subtitles provided.

---

Presenter and Source

• Presenter: The video narrator (name not provided in the subtitles)
• Primary source/process mentioned: CDSL “easiest” (CDSL portal)