Financial Education
Question #93
How do I transfer shares from my other demat account to my Fincare services demat account?
To transfer your shares from another demat account to your Fincare services demat account, you would need to do the following: You need to submit a ‘Delivery Instruction Slip’ (DIS). This will be provided to you by your current broker. In the DIS, please mention your Fincare services demat account number as the beneficiary account number. Also, do mention the International Securities Identification Number (ISIN) of the shares you’d like to transfer from your old demat account. After filling the form and signing it, please deliver the DIS to your current broker. If delivered before 6 PM, your shares will be transferred to your Fincare services demat account by the next business day, and will reflect in your portfolio.
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