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Thread: Transfer of Shares

  1. #1
    PolicyWala Newbie
    Join Date
    Apr 2009
    Location
    Noida
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    41

    Default Transfer of Shares

    Hi All,

    I have bought some shares using my friends Demat account. Is there any way so that I can transfer the shares from my friend account to my account.

    Thanks in advance!
    Harry



  2. #2
    Moderator CONFUSED's Avatar
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    Apr 2009
    Location
    Mumbai
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    390

    Default

    hi harry !

    At the time of opening of Demat Account, you have recieved DIS (delivery instruction slips). Its being used for transfer of shares by filling off market trades slips you can transfer you shares by submitting this DIS to your Demat Provider.
    Rules/Guidelines at PolicyWala | Help Old People |
    I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.

  3. #3
    PolicyWala Newbie
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    Apr 2009
    Location
    Noida
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    Default

    Thanks Confused!

    Is is free of cost?

  4. #4
    PW Stalwart Master's Avatar
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    Feb 2009
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    Mumbai
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    438

    Default

    For transfer shares you have to pay charges that you can ask your DP.


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