If your existing Demat account is with CDSL, you can transfer eligible holdings directly to your FYERS Demat account using CDSL Easiest without selling and repurchasing them.

The process involves registering the source Demat account on CDSL Easiest, linking your FYERS BO ID, adding FYERS as a Trusted Account, creating the transfer instruction through Bulk Setup, and confirming that the holdings are credited to FYERS.

Before you start

Keep the following ready before initiating the transfer:

• Access to the Demat account where your holdings are currently held.
• Your complete 16-digit FYERS BO ID.
• Access to the mobile number and email registered with the source Demat account.
• Free and transferable quantities available in the source account.

Source Demat account: This is the Demat account with your existing broker where the holdings are currently available. You must use this account when registering and logging in to CDSL Easiest.

FYERS Demat account: This is the destination account where the holdings will be transferred. Your FYERS Demat account is identified by a 16-digit Demat account number consisting of:

• First 8 digits: DP ID
• Last 8 digits: BO/Client ID

Quick transfer overview

1. Register the source Demat account on CDSL Easiest.
2. Find and copy your 16-digit FYERS BO ID.
3. Complete BO Linking.
4. Add FYERS as a Trusted Account.
5. Create the transfer instruction through Bulk Setup.
6. Select the holdings, ISINs, quantities, and applicable transfer reason.
7. Complete Submit → Verify → Commit.
8. Confirm that the holdings are credited to FYERS.

Step 1: Register the source Demat account on CDSL Easiest

If you already have an active CDSL Easiest account for the Demat account where your holdings are currently held, you can skip this step.

Otherwise, register the source Demat account on CDSL Easiest.

For detailed instructions, refer to How do I register for CDSL Easiest?

Complete the registration

1. Enter the source DP ID and Client ID.
2. Complete OTP verification using the mobile number and email registered with the source Demat account.
3. Create your login credentials and security question.
4. Select Trusted Account (PIN) when prompted.
5. Submit the registration request.
6. Wait for authentication by the source broker or Depository Participant (DP), if required.

Always register using the Demat account where your holdings are currently available. For example, if the holdings are with Broker A and you want to transfer them to FYERS, register Broker A's Demat account on CDSL Easiest.

For the complete registration sequence, refer to Step-by-step CDSL Easiest registration process .

Step 2: Link your FYERS Demat account as the beneficiary

Once your CDSL Easiest registration is active, link your FYERS Demat account as the destination beneficiary.

Find your FYERS BO ID

Your FYERS BO ID is the 16-digit CDSL Demat account number.

You can find it under:

• FYERS Web: Profile → Personal Details → Demat Details
• FYERS App: Profile → Personal Details → Demat Details

Copy the complete 16-digit BO ID exactly as displayed.

For more information, refer to What is a BO ID, and where do I find it?

Complete BO Linking

1. Log in to CDSL Easiest using the source Demat account.
2. Open the BO Linking section.
3. Enter your 16-digit FYERS BO ID.
4. Enter the beneficiary PAN details requested on the screen.
5. Submit the BO Linking request.

CDSL may send a verification email to your registered email address. Complete the verification if prompted.

If CDSL asks for the BO ID of the account from which the request was initiated, enter the source BO ID. Enter the FYERS BO ID only when the screen specifically asks for the beneficiary or destination BO ID.

For detailed guidance, refer to How do I add a beneficiary using BO Linking Setup in CDSL for share transfers?

Step 3: Add FYERS as a Trusted Account

After BO Linking is complete, add your FYERS Demat account as a Trusted Account in CDSL Easiest.

1. Open the Trusted Account section.
2. Select the option to add a Trusted Account.
3. Enter your complete 16-digit FYERS BO ID.
4. Verify the BO ID carefully.
5. Complete any verification requested by CDSL.
6. Wait until the FYERS account appears as Active or Approved.

For detailed instructions, refer to How can I add my FYERS Demat account as a Trusted Account on CDSL Easiest?

Step 4: Create and complete the transfer using Bulk Setup

Once your FYERS BO ID is linked and active as a Trusted Account, you can create the transfer instruction.

Enter the transfer details

1. Log in to CDSL Easiest using the source Demat account.
2. Open the transaction setup section.
3. Select Bulk Setup.
4. Create a new transaction.

Add the holdings you want to transfer

1. Open the ISIN Details section.
2. Select Add ISINs.
3. Choose Account ISINs.
4. Select the security you want to transfer.
5. Enter the quantity.
6. Use only the free quantity available for transfer.
7. Verify the security name and ISIN.
8. Repeat the process for the remaining securities.

Select the transfer reason

CDSL requires a Reason for Trade/Transfer. Select the reason that accurately reflects the transaction.

For a self-transfer, gift, or another genuine no-consideration transfer, the consideration amount is generally entered as 0, and payment mode should not be selected.

If consideration or payment details apply, enter the correct details as required.

Review the transfer details

Before submitting, verify:

• Source BO ID
• FYERS beneficiary BO ID
• Security name and ISIN
• Quantity
• Transfer reason
• Consideration/payment details, where applicable

Complete the transfer verification

1. Click Submit.
2. Review the transaction details displayed by CDSL.
3. Click Verify.
4. Complete OTP verification if prompted.

Commit the transfer

Verification alone may not complete the transfer instruction. You must also commit the transaction.

Before committing, confirm that:

• The source BO ID is correct.
• The FYERS beneficiary BO ID is correct.
• Every security and ISIN is correct.
• Every quantity is correct.
• The transfer reason is accurate.
• Consideration/payment details are correct where applicable.

1. Open the transaction list after verification.
2. Select the transaction or batch you created.
3. Click Commit.
4. Enter your CDSL Easiest PIN.
5. Submit the authentication.
6. Note the transaction/reference number.

The transfer sequence is:

Submit → Verify → Commit

If all holdings cannot be added in a single Bulk Setup batch, complete the first batch and create another Bulk Setup transaction for the remaining securities. Repeat the Submit → Verify → Commit sequence for each additional batch.

Step 5: Confirm the transferred holdings in FYERS

After committing the transfer, save the CDSL transaction/reference number and monitor the transfer status.

Once processed, open your FYERS account and check the Holdings section.

Verify that:

• The correct securities have been credited.
• The credited quantities match your transfer instruction.

Treat the transfer as complete only when the securities are debited from the source Demat account and the correct securities and quantities are visible in FYERS.

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