{"id":16619,"date":"2026-10-16T11:32:17","date_gmt":"2026-10-16T06:02:17","guid":{"rendered":"https:\/\/goldenpi.com\/blog\/?p=16619"},"modified":"2026-10-16T11:32:18","modified_gmt":"2026-10-16T06:02:18","slug":"how-to-do-a-demat-to-demat-transfer-in-india-cdsl","status":"publish","type":"post","link":"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/","title":{"rendered":"How to Do a Demat-to-Demat Transfer in India: CDSL Easiest Step-by-Step Guide"},"content":{"rendered":"<div class=\"gpi-custom-widget-box\" style=\"border-left-color: #0066cc; background-color: #f0f7ff;\">\n<div class=\"gpi-custom-widget-title\" style=\"color: #0066cc;\">\ud83d\udcdd Quick Summary:<\/div>\n<h2 class=\"gpi-custom-widget-h2-content\"><span class=\"ez-toc-section\" id=\"Planning_to_transfer_units_from_one_demat_account_to_another_in_India_This_guide_walks_you_through_the_CDSLs_easiest_process_from_registration_to_final_debit_confirmation_with_a_quick_timeline_a_stamp_duty_example_and_a_checklist_so_you_dont_get_stuck_midway\"><\/span><strong>Planning to transfer units from one demat account to another in India? This guide walks you through the CDSL&#8217;s easiest process from registration to final debit confirmation, with a quick timeline, a stamp duty example, and a checklist so you don\u2019t get stuck midway.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<\/div>\n\n\n<p>Need to move units or shares from one demat account to another without going through the stock exchange? That\u2019s an off-market transfer, and it\u2019s common when you\u2019re selling units privately, gifting securities to family, or shifting holdings to a new broker. For CDSL accounts in India, the usual online route is CDSL Easiest.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Planning_to_transfer_units_from_one_demat_account_to_another_in_India_This_guide_walks_you_through_the_CDSLs_easiest_process_from_registration_to_final_debit_confirmation_with_a_quick_timeline_a_stamp_duty_example_and_a_checklist_so_you_dont_get_stuck_midway\" >Planning to transfer units from one demat account to another in India? This guide walks you through the CDSL&#8217;s easiest process from registration to final debit confirmation, with a quick timeline, a stamp duty example, and a checklist so you don\u2019t get stuck midway.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Before_You_Start_What_Youll_Need\" >Before You Start: What You\u2019ll Need<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Demat_Transfer_Timeline_at_a_Glance\" >Demat Transfer Timeline at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Step_1_Register_on_CDSL_Easiest\" >Step 1: Register on CDSL Easiest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Step_2_Link_the_Receivers_Demat_Account_and_Approve_with_OTP\" >Step 2: Link the Receiver\u2019s Demat Account and Approve with OTP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Step_3_Add_the_Trusted_Account_and_Set_Your_PIN\" >Step 3: Add the Trusted Account and Set Your PIN<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Step_4_Calculate_and_Pay_Stamp_Duty\" >Step 4: Calculate and Pay Stamp Duty<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Step_5_Initiate_the_Transfer_and_Authenticate_with_OTP_and_PIN\" >Step 5: Initiate the Transfer and Authenticate with OTP and PIN<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Common_Demat_Transfer_Mistakes_to_Avoid\" >Common Demat Transfer Mistakes to Avoid<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Final_Thoughts\" >Final Thoughts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/#Disclaimer\" >Disclaimer<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<p>The process isn\u2019t hard, but it has several approval stages, and a couple of them take days. This guide boils the whole demat-to-demat transfer down to five clear steps, so you know what to do and when.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Before_You_Start_What_Youll_Need\"><\/span><strong>Before You Start: What You\u2019ll Need<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The seller\u2019s DP ID and Client ID (the account the units leave)<\/li>\n\n\n\n<li>The receiver\u2019s DP ID, Client ID and PAN<\/li>\n\n\n\n<li>The mobile number and email linked to the seller\u2019s demat account, since every OTP goes there<\/li>\n\n\n\n<li>The ISIN of the security and the agreed consideration amount<\/li>\n\n\n\n<li>Time in hand: registration and trusted account mapping can each take 2-3 working days<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Demat_Transfer_Timeline_at_a_Glance\"><\/span><strong>Demat Transfer Timeline at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"pcrstb-wrap\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Step<\/strong><\/td><td><strong>What happens<\/strong><\/td><td><strong>Typical time<\/strong><\/td><\/tr><tr><td>1. CDSL Easiest registration<\/td><td>One-time setup<\/td><td>2-3 working days<\/td><\/tr><tr><td>2. Receiver BO linking and OTP approval<\/td><td>Links buyer to seller<\/td><td>Usually done in one sitting<\/td><\/tr><tr><td>3. Trusted account and PIN<\/td><td>Your DP maps the receiver; PIN arrives by email<\/td><td>2-3 working days<\/td><\/tr><tr><td>4. Stamp duty payment<\/td><td>Calculate and pay online<\/td><td>A few minutes<\/td><\/tr><tr><td>5. Transfer and authentication<\/td><td>OTP + PIN; units debited<\/td><td>Execution date you choose<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p>If you\u2019re working against a deadline, start Steps 1 and 3 early. They\u2019re the ones that eat the calendar.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_1_Register_on_CDSL_Easiest\"><\/span><strong>Step 1: Register on CDSL Easiest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Open the CDSL Easiest login page and click the registration link. Enter the seller\u2019s DP ID and Client ID, then verify the OTPs sent to the mobile and email registered with the demat account. Next, pick a username, a security question and its answer, and select <strong>\u201cTrusted Account (PIN)\u201d<\/strong> as the account type.<\/p>\n\n\n\n<p>That last choice matters. It lets you transfer to pre-approved accounts using a PIN. Already registered? Skip ahead.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_2_Link_the_Receivers_Demat_Account_and_Approve_with_OTP\"><\/span><strong>Step 2: Link the Receiver\u2019s Demat Account and Approve with OTP<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Log in and go to <strong>Miscellaneous \u2192 BO Linking \u2192 BO Linking Setup<\/strong>. Choose whether the receiver\u2019s account is with CDSL or NSDL, then enter their account details and PAN. For an NSDL account, the DP ID and Client ID go in two separate boxes. Check everything against the receiver\u2019s records before you submit.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"745\" height=\"271\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15175550\/image-1-2.png\" alt=\"\" class=\"wp-image-16625\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15175550\/image-1-2.png 745w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15175550\/image-1-2-300x109.png 300w\" sizes=\"(max-width: 745px) 100vw, 745px\" \/><\/figure>\n\n\n\n<p>Then comes the seller-side approval. Open CDSL\u2019s OTP verification page, enter the seller\u2019s PAN or demat details, click <strong>Submit<\/strong>, and choose <strong>\u201cBO Seller Link.\u201d<\/strong> Verify both accounts, click <strong>\u201cGenerate OTP,\u201d<\/strong> and confirm with the code sent to the seller. You\u2019ll see a message that the transaction was accepted.<\/p>\n\n\n\n<p><strong>For example:<\/strong> say Rohan in Gurugram is selling some units to his friend Priya. He links her BO and PAN first, then approves the link himself with the OTP on his own phone.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_3_Add_the_Trusted_Account_and_Set_Your_PIN\"><\/span><strong>Step 3: Add the Trusted Account and Set Your PIN<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Back in Easiest, go to <strong>Miscellaneous \u2192 Edit Trusted Account \u2192 Add Trusted Account<\/strong> and enter the receiver\u2019s BO ID (DP ID plus Client ID). The request goes to your Depository Participant (DP), which maps the account in about 2-3 working days.<\/p>\n\n\n\n<p>Within a similar window, CDSL emails you a PIN for authenticating transfers. It\u2019s advisable to change it right away under <strong>Miscellaneous \u2192 Change PIN<\/strong>: enter the old PIN, then the new one twice.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_4_Calculate_and_Pay_Stamp_Duty\"><\/span><strong>Step 4: Calculate and Pay Stamp Duty<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Off-market transfers that involve a sale attract stamp duty. The standard rate is 0.015% on the consideration amount, and the depository collects it. The seller pays, and it must be done before you initiate the transfer.<\/p>\n\n\n\n<p><strong>For example:<\/strong> if Rohan sells his units to Priya for \u20b918,000, the duty is \u20b92.70. On \u20b95,00,000, it would be \u20b975.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"802\" height=\"471\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174910\/image-1-1.png\" alt=\"\" class=\"wp-image-16620\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174910\/image-1-1.png 802w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174910\/image-1-1-300x176.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174910\/image-1-1-768x451.png 768w\" sizes=\"(max-width: 802px) 100vw, 802px\" \/><\/figure>\n\n\n\n<p>On CDSL\u2019s stamp duty calculator, choose <strong>\u201cOther Transactions,\u201d<\/strong> enter the ISIN and probable consideration, and click <strong>Calculate<\/strong>. Then click <strong>Stamp Duty Payment<\/strong>, select the BO, check the auto-fetched name, add your mobile number and email, enter the duty amount and captcha, and click <strong>Proceed for Payment<\/strong>. Choose your payment mode to finish.<\/p>\n\n\n\n<p>Transfers with no consideration, such as moving units between your own accounts, are typically exempt from stamp duty. Your DP may still charge a transfer fee.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Latest Bong Guides:<\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/rating-outlook-vs-rating-watch-what-negative-outlook-means\/\" aria-label=\"Rating Outlook vs Rating Watch: What &#8220;Negative Outlook&#8221; Means\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16152221\/Rating-Outlook-vs-Rating-Watch-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Rating Outlook vs Rating Watch\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16152221\/Rating-Outlook-vs-Rating-Watch-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16152221\/Rating-Outlook-vs-Rating-Watch-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16152221\/Rating-Outlook-vs-Rating-Watch-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16152221\/Rating-Outlook-vs-Rating-Watch-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16152221\/Rating-Outlook-vs-Rating-Watch.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/rating-outlook-vs-rating-watch-what-negative-outlook-means\/\">Rating Outlook vs Rating Watch: What &#8220;Negative Outlook&#8221; Means<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/\" aria-label=\"How to Do a Demat-to-Demat Transfer in India: CDSL Easiest Step-by-Step Guide\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16113146\/How-to-Do-a-Demat-to-Demat-Transfer-in-India-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"How to Do a Demat-to-Demat Transfer in India\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16113146\/How-to-Do-a-Demat-to-Demat-Transfer-in-India-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16113146\/How-to-Do-a-Demat-to-Demat-Transfer-in-India-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16113146\/How-to-Do-a-Demat-to-Demat-Transfer-in-India-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16113146\/How-to-Do-a-Demat-to-Demat-Transfer-in-India-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16113146\/How-to-Do-a-Demat-to-Demat-Transfer-in-India.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/\">How to Do a Demat-to-Demat Transfer in India: CDSL Easiest Step-by-Step Guide<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image aligncenter\"><a href=\"https:\/\/goldenpi.com\/blog\/guide\/delivery-instruction-slip-dis-for-bonds\/\" aria-label=\"Delivery Instruction Slip (DIS) for Bonds: How to Transfer Bonds Between Demat Accounts\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/09\/25121136\/DIS-Delivery-Instructions-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"DIS Delivery Instructions\" style=\"\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/09\/25121136\/DIS-Delivery-Instructions-1024x576.jpg 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/09\/25121136\/DIS-Delivery-Instructions-300x169.jpg 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/09\/25121136\/DIS-Delivery-Instructions-768x432.jpg 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/09\/25121136\/DIS-Delivery-Instructions-1536x864.jpg 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/09\/25121136\/DIS-Delivery-Instructions.jpg 1600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/goldenpi.com\/blog\/guide\/delivery-instruction-slip-dis-for-bonds\/\">Delivery Instruction Slip (DIS) for Bonds: How to Transfer Bonds Between Demat Accounts<\/a><\/li>\n<\/ul>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_5_Initiate_the_Transfer_and_Authenticate_with_OTP_and_PIN\"><\/span><strong>Step 5: Initiate the Transfer and Authenticate with OTP and PIN<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Go to <strong>Transactions \u2192 Setup \u2192 Bulk Setup<\/strong>. Select <strong>Sell<\/strong>, pick the execution date, choose the trusted receiver from the Counter BO dropdown, and set the Entity Identifier to <strong>NA<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"790\" height=\"366\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15175634\/image-3.png\" alt=\"\" class=\"wp-image-16626\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15175634\/image-3.png 790w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15175634\/image-3-300x139.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15175634\/image-3-768x356.png 768w\" sizes=\"(max-width: 790px) 100vw, 790px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"802\" height=\"471\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174910\/image-1-1.png\" alt=\"\" class=\"wp-image-16621\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174910\/image-1-1.png 802w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174910\/image-1-1-300x176.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174910\/image-1-1-768x451.png 768w\" sizes=\"(max-width: 802px) 100vw, 802px\" \/><\/figure>\n\n\n\n<p>Click the icon to add ISIN details, then enter the ISIN, quantity, consideration, reason for trade (for instance, \u201cTransfer to own account(s)\u201d) and payment mode. Use the <strong>Stamp Duty<\/strong> button to confirm you\u2019ve paid enough, then click OK.<\/p>\n\n\n\n<p>Review the summary and click <strong>Commit<\/strong>. An OTP arrives on your mobile and email. Enter it, then your PIN. Once authentication succeeds, you\u2019ll see a confirmation. On the execution day, the seller gets an email confirming the debit, and the units are then credited to the receiver\u2019s account.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"372\" src=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174911\/image-2-1024x372.png\" alt=\"\" class=\"wp-image-16624\" srcset=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174911\/image-2-1024x372.png 1024w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174911\/image-2-300x109.png 300w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174911\/image-2-768x279.png 768w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174911\/image-2-1536x558.png 1536w, https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/15174911\/image-2.png 1918w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Common_Demat_Transfer_Mistakes_to_Avoid\"><\/span><strong>Common Demat Transfer Mistakes to Avoid<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mismatched details:<\/strong> a wrong DP ID, Client ID or PAN is an easy way to stall the process.<\/li>\n\n\n\n<li><strong>Starting too late:<\/strong> two separate waiting periods mean you can\u2019t do this in a day.<\/li>\n\n\n\n<li><strong>Mixing up PINs:<\/strong> once you\u2019ve changed the emailed PIN, only the new one will work.<\/li>\n\n\n\n<li><strong>Skipping the stamp duty check:<\/strong> verify sufficient duty is available before you commit.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Final_Thoughts\"><\/span><strong>Final Thoughts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Think of this as two phases: a slow one (registration and mapping) and a quick one (stamp duty, OTP, PIN). Get the slow part done in advance, and the transfer itself takes minutes. Rates and DP charges can change, so confirm current figures with CDSL and your DP before you transact.<\/p>\n\n\n<div class=\"gpi-custom-widget-box\" style=\"border-left-color: #0066cc; background-color: #f0f7ff;\">\n<div class=\"gpi-custom-widget-title\" style=\"color: #0066cc;\">Ready to Invest?<\/div>\n<div class=\"gpi-custom-widget-content\">\n<p>Visit <a href=\"https:\/\/goldenpi.com\/\">GoldenPi<\/a> to explore current bond options. Compare yields, ratings, and tenures in one place and invest online with as little as \u20b930,000.<\/p>\n<\/div>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Disclaimer\"><\/span>Disclaimer<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fixed returns do not constitute guaranteed or assured returns. Investments in corporate debt securities and municipal debt securities\/securitized debt instruments are subject to credit risks, market risks, and default risks, including delay and\/or default in payment. Read all the offer-related documents carefully. This blog\/article should not be construed as financial advice or as an offer or recommendation to buy or sell any security or any products\/services of\/on GoldenPi or any product\/services of its third-party client(s). For a detailed calculation of YTM, visit our website.&nbsp;<a href=\"https:\/\/delivery.goldenpi.com\/XPRBSN?id=162365=ch0GCFVXBVBUH1QDUlZXUlgBVgNSUwJVWgQGDFJQAVsEUwRfBldSBFVUAglRBFJSAA0ZBgxfQFBbERxBFSNTV10FU1cTDBgFDg5OAFIKVVFQBlZTVwQBBgFSAg0aC0BMQRIMFkwBUwoIFVdDHBwCCw1QAAsTWBpSVwgebDYxdmt\/Xl9dHxMF&amp;fl=WRVCSRBfGUkETltfVwNLAxVbCQwNWhpYVkpFGwMOBRcEWQMNUEoHSQJaV1BQAQQHTAZXA1IcAAMOBBxWB1IMFQUEVQxXXAEFBVQEUkpTVlMCUFEHU1JVAwhUAFECAQZaVFEADVAAVQBXVFRUUw==\" target=\"_blank\" rel=\"noreferrer noopener\">T&amp;C\u2019s Apply<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud83d\udcdd Quick Summary: Planning to transfer units from one demat account to another in India? This guide walks you through the CDSL&#8217;s&hellip;<\/p>\n","protected":false},"author":17,"featured_media":16634,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1026,25],"tags":[],"class_list":["post-16619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guide","category-bond-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to Transfer Bonds Between Demat Accounts: CDSL Easiest Step-by-Step Guide<\/title>\n<meta name=\"description\" content=\"Learn how to transfer bonds and other securities between Demat accounts using CDSL Easiest. 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Follow the step-by-step process, understand registration, OTP verification, transfer details and applicable charges.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/goldenpi.com\/blog\/bond-news\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\/\" \/>\n<meta property=\"og:site_name\" content=\"GoldenPi | Blogs\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/goldenpitech\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-16T06:02:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-10-16T06:02:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/d2zny4996dl67j.cloudfront.net\/blogs\/wp-content\/uploads\/2026\/10\/16113146\/How-to-Do-a-Demat-to-Demat-Transfer-in-India.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Deepak Narang | CFA Level 3\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GoldenPiTech\" \/>\n<meta name=\"twitter:site\" content=\"@GoldenPiTech\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Deepak Narang | CFA Level 3\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/bond-news\\\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/bond-news\\\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\\\/\"},\"author\":{\"name\":\"Deepak Narang | CFA Level 3\",\"@id\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/#\\\/schema\\\/person\\\/9781cfb40abd7777b2fcbbbd5b6ac0ba\"},\"headline\":\"How to Do a Demat-to-Demat Transfer in India: CDSL Easiest Step-by-Step Guide\",\"datePublished\":\"2026-10-16T06:02:17+00:00\",\"dateModified\":\"2026-10-16T06:02:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/bond-news\\\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\\\/\"},\"wordCount\":1136,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/bond-news\\\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/d2zny4996dl67j.cloudfront.net\\\/blogs\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/16113146\\\/How-to-Do-a-Demat-to-Demat-Transfer-in-India.jpg\",\"articleSection\":[\"Guide\",\"Bond News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/goldenpi.com\\\/blog\\\/bond-news\\\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/bond-news\\\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\\\/\",\"url\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/bond-news\\\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\\\/\",\"name\":\"How to Transfer Bonds Between Demat Accounts: CDSL Easiest Step-by-Step Guide\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/bond-news\\\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/goldenpi.com\\\/blog\\\/bond-news\\\/how-to-do-a-demat-to-demat-transfer-in-india-cdsl\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/d2zny4996dl67j.cloudfront.net\\\/blogs\\\/wp-content\\\/uploads\\\/2026\\\/10\\\/16113146\\\/How-to-Do-a-Demat-to-Demat-Transfer-in-India.jpg\",\"datePublished\":\"2026-10-16T06:02:17+00:00\",\"dateModified\":\"2026-10-16T06:02:18+00:00\",\"description\":\"Learn how to transfer bonds and other securities between Demat accounts using CDSL Easiest. 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