How to transfer shares from one demat account to another online

You can transfer shares between demat accounts online using CDSL Easiest or NSDL Speed-e, or offline with a physical Delivery Instruction Slip. The process takes a few working days. Transfers to your own account do not trigger capital gains tax, but your broker will charge a DP fee per stock.

By Qrates research desk · 2026-10-27

You can move shares between demat accounts online using depository portals or offline with a physical slip. The process takes a few working days once your broker approves the request.

Quick answer: How to transfer shares from one demat account to another

You can transfer shares online using CDSL Easiest or NSDL Speed-e, or offline using a physical Delivery Instruction Slip.
The process takes a few working days after your broker approves the request.
Transferring shares to your own account does not trigger capital gains tax, but you will pay a small Depository Participant fee per stock.

What you need before you start

The complete BO ID (Beneficiary Owner Identification) of your new demat account if it is with CDSL, or the target client ID if it is with NSDL.
The DP ID of the new broker.
An active nomination on your current demat account, as the 2026 SEBI rules block transfers from accounts without a valid nominee or opt-out declaration (valueresearchonline.com).
Your Aadhaar-linked mobile number to receive authentication OTPs.

Steps to transfer shares online

Steps for CDSL Easiest share transfer

Register on the CDSL Easiest portal using your current demat account details.
Add the target client ID as a trusted account and wait for it to be approved.
Select the Setup option under the transactions menu and choose Off Market Transfer.
Enter the ISIN (International Securities Identification Number) for each stock and the exact quantity you want to move.
Authenticate the transfer using the OTP sent to your registered mobile number and your PIN.

Steps for NSDL share transfer online

Register on the NSDL Speed-e portal using your existing demat details.
Add the target client ID as a trusted account.
Wait for the system to approve the newly added target account.
Go to the transfer section, select the off-market transfer option, and enter the ISIN and share quantities.
Confirm the transaction using your mobile OTP and portal PIN.

Steps to transfer shares offline

Request a physical Delivery Instruction Slip (DIS) booklet from your current broker.
Fill in the target BO ID, the DP ID, the ISIN of the stocks, and the quantities in words and numbers.
Tick the box for an off-market transfer and state the reason, such as a transfer to your own account.
Sign the slip exactly as your signature appears in the current broker's records.
Submit the physical slip to your current broker's branch office and collect an acknowledgment receipt.

How long it takes and what it costs

Demat to demat share transfer time usually takes a few working days once the broker processes the online request or physical DIS slip.
Brokers charge a Depository Participant (DP) fee per stock transferred, regardless of the quantity of shares in that stock. You can learn more about these demat account charges explained: AMC, DP and brokerage before initiating your transfer.
If you submit a closure cum transfer of demat account form to close the old account completely, the transfer is free of DP charges.
Transfers to a third party attract a stamp duty, but transfers to your own account do not.

Tax rules for off market share transfers

Moving shares to another demat account in your own name is not a sale, so there is no capital gains tax.
Transferring shares to a specified relative as a gift is tax-free, but you must keep a signed gift deed as proof.
Transferring shares to a third party for money is treated as an off-market sale and you must report it for capital gains tax.

If it does not work

Check your email for a rejection notice, which usually happens due to a signature mismatch on a DIS slip or a missing nomination.
Contact your current broker's support desk with your transaction reference number to ask why the transfer failed.
If the broker does not resolve the issue within the mandated timeframe, file a complaint on the SEBI SCORES portal to escalate your grievance.

FAQs

Can I transfer shares from one demat account to another online?

Yes, you can transfer shares online using the CDSL Easiest or NSDL Speed-e portals. You will need your current demat details and the target account ID to set up the transfer. Always ensure you check if your stock broker is SEBI registered to ensure your assets are safe. You can check the DP charges, account maintenance fees, and SEBI registration details of your new broker on the Qrates stock broking apps directory.

How much time does it take to transfer shares between demat accounts?

An online off-market transfer takes a few working days to reflect in the new account. This timeline starts after your current broker approves the transfer request.

Are there any charges for transferring shares to another demat account?

Yes, brokers charge a DP fee per stock when you move shares to another active account. If you close your old account and transfer all shares at once, the transfer is free.

Do I have to pay tax if I transfer shares to my own demat account?

No, transferring shares between your own accounts does not trigger capital gains tax. The Income Tax Department does not view this as a sale because the PAN remains the same.

How to transfer shares from CDSL to NSDL?

You can transfer shares from a CDSL account to an NSDL account using the CDSL Easiest portal or a physical DIS slip. You just need to enter the target NSDL client ID when setting up the transfer.

What is a DIS slip in demat account?

A Delivery Instruction Slip is a physical form used to authorise the transfer of shares from your demat account. You must fill it out and sign it to move shares offline.

The short version

Online transfers are done through CDSL Easiest or NSDL Speed-e portals.
Offline transfers require a signed physical Delivery Instruction Slip.
Moving shares takes a few working days after broker approval.
Brokers charge a DP fee per stock for transfers between active accounts.
Transferring shares to yourself does not trigger capital gains tax.