How to Transfer Shares From Another Demat Account to Choice India?

Last Updated: Aug 01, 2024 Value Broking 2 Mins 2.9K
transfer shares from another demat account to choice india

To transfer shares from one Demat account to another, you need to follow a few steps. Let’s discuss them in brief: 

Steps to Transfer Shares from Another Demat Account to Choice India

StepsDescription
1Log in to CDSL
2Click on Transaction
3Select Set-Up
4Click Ok
5Click Bulk Set-Up
6Select Sell
7Enter Execution Date
8Enter Trusted Id
9Go to ISIN details
10Click + symbol
11Click Account ISIN
12Select Stocks
13Select on the ISIN Symbol
14Enter Quantity
15Mention Reason for trade
16Click Ok
17Tap on Verify
18Click Ok
19Mark the Checkbox 
20Confirm the Commit option
21Enter OTP
22Click Submit
23Enter Pin
24Click Ok

How do I Transfer Shares from Another Demat Account to Choice India?

You need to follow a thorough procedure to transfer your shares from another Demat account to Choice India. Here are the steps to be followed:

Step 1: Log in to your CSDL EASIEST facilities.

Step 2: Navigate through the Transaction section

Step 3: Click on Set-Up

Step 4: Accept the procedures by clicking on OK on the pop-up

Step 5: Then click on build set up

Step 6: You need to select Sell

Step 7: Next you need to enter the execution date

Step 8: Select the counter BO Id, i.e the trusted account

Step 9: Then fill in ISIN details

Step 10: Click on the (+) symbol

Step 11: Next you need to click on account ISIN

Step 12: Then you need to choose the shares you wish to transfer

Step 13: To do so, click on the shares ISIN symbol

Step 14: Enter Quantity

Step 15: Then you need to mention the reason for the trade

Step 16: Click on Ok 

Step 17: You then need to tap on Verify

Step 18: Click Ok

Step 19: Next, you need to tap on the checkbox

Step 20: Click on the commit option

Step 21: You will receive an OTP. Enter OTP

Step 22: Click on submit

Step 23: Then you need to enter the PIN

Step 24: Lastly, click OK

By following this procedure, your shares will be transferred to the Choice India account within one or two days of the trading commencement.