The time required to transfer shares depends on the mode of transfer: 1. Online Transfer (via CDSL Easiest) Shares are generally transferred within T+1 working day after successful authorization (OTP/TPIN authentication). 2. Offline Transfer (via Delivery Instruction Slip – DIS) Once the duly filled and signed DIS is submitted and […]
Is there a charge for transferring shares from Samco?
Yes, charges are applicable when transferring shares from your Samco demat account. The charges depend on the type of transfer: Off-Market Transfer (to another demat account) Samco to Samco:₹15 + 18% GST per ISIN Samco to Outside Broker (Other DP):₹25 or 0.02% of the transaction value (whichever is higher) + […]
What documents are required for transferring shares?
The documents required depend on the mode of transfer you choose: 1. If Transferring via CDSL Easiest (Online Mode) No physical documents are required. You will need: Active CDSL Easiest registration Add target demat account details (BO ID, DP ID, ISIN) OTP and TPIN authentication to authorize the transfer Click […]
How do I transfer shares offline using a DIS (Delivery Instruction Slip)?
You can transfer shares offline by submitting a Delivery Instruction Slip (DIS) to your Depository Participant (Samco). Follow the steps below: Step-by-Step Process: Obtain a DIS BookletUse the DIS booklet issued by Samco (similar to a cheque book for your demat account). Fill in the Required DetailsEnter the following information […]
What is CDSL Easiest and how can I use it for transferring shares from Samco?
CDSL Easiest is an online facility provided by Central Depository Services Limited (CDSL) that enables you to transfer shares electronically from your demat account to another demat account without submitting a physical Delivery Instruction Slip (DIS). Using CDSL Easiest, you can securely transfer shares from your Samco demat account to […]
What are the different ways to transfer shares between demat accounts?
Shares can be transferred between demat accounts through two methods – Online and Offline. Please note that Samco is registered with CDSL (Central Depository Services Limited) as the depository. If transferring from Samco (CDSL) to a CDSL Demat Account: Since Samco is a CDSL depository participant, if you are transferring […]
What happens if I don’t complete Re-KYC?
If your account falls under Re-KYC (after 730 days of inactivity), trading access will be restricted immediately as per regulatory guidelines. This means: You will not be able to place any trades. Financial transactions will be restricted The account will remain restricted until the Re-KYC process is successfully completed. To […]
Can I complete Re-KYC online?
You can complete your Re-KYC process entirely online through the Samco platform. There is no need to visit any branch. Simply log in to the Samco Star Back Office, update the required details, upload supporting documents (if applicable), complete the E-sign and IPV process, and submit your request. This online […]
What documents are required for Re-KYC?
The documents required for Re-KYC depend on whether there are any changes in your account details. If there are no changes in your details, the process is usually completed through a simple IPV (In-Person Verification) to reconfirm your identity. No additional documentation may be required beyond this verification step. If […]
When does my account fall under Re-KYC?
Your account may fall under the Re-KYC (Re-Verification) process if it remains inactive for a continuous period of 730 days (2 years). Inactivity typically means: No trading activity, and No financial transactions in the account during this period. As per regulatory guidelines, accounts that remain inactive for 730 days are […]