Can I transfer shares from Motilal Oswal to Zerodha?
How to transfer the shares or DP Account Motilal Oswal to Zerodha – Quora. Transferring shares is possible in different ways, but its a very risky thing to do, especially transferring from a full service brokerage to a discount brokerage. There will be a transfer charge levied by Motilal Oswal in doing the same.
How can I transfer my DP account?
Process of transfer of shares from one Demat account to another
- Step 1 – The investor fills the DIS (Delivery Instruction Slip) and submits it to the current broker.
- Step 2 – The broker forwards the DIS form or request to the depository.
- Step 3 – The Depository will transfer your existing shares to the Demat account.
How do I transfer shares from Motilal Oswal to Upstox?
Open Instant Account online and start trading today. Transferring your shares in existing demat account to Upstox demat account is easy. You need to submit a DIS Slip to your existing brokerage company with the details of your holdings and your upstox demat account detail.
Can I transfer my shares from one DP to another?
Transferring your shares from one demat account to another is also possible. However, when you shift shares from your one demat account to another; the ownership remains the same, which means that there is no tax implication, and consequently, no transaction implication as well.
Can we transfer shares from one DP to another?
There are two ways you can follow to transfer your shares or holdings from one Demat account to another. For this, you can follow the manual or online method. For this, you will have to get a Delivery Instruction Slip (DIS) from your broker.
How do I sell my Motilal Oswal shares?
To facilitate easier transition of buying and selling shares, you need to necessarily open a valid demat account. You will have a fill in a demat form online. You will have to attest the required set of documents and scan these to the brokerage company you desire transacting with.
What is DP transaction charges in Motilal Oswal?
A DP charge is levied on every scrip generated by the trader or investor and is charged when you sell the financial asset in a delivery trading. The DP charges of Motilal Oswal are 0.075\% or ₹75, whichever is higher.
Is Motilal Oswal a DP?
Motilal Oswal is a depository participant cum stock broking entity that is a member of both the National Securities Depository Limited and Central Depository Services Limited. This effectively means that you can avail demat accounts from both NSDL and CDSL.