How to Add a Beneficiary on CDSL for Secure Securities Transfers

How do I add a beneficiary using BO Linking Setup in CDSL for share transfers?

Before you can transfer securities through CDSL, you must add the recipient’s Demat account as a beneficiary. This is done through BO Linking Setup on CDSL Easi/Easiest and is mandatory for off-market transfers.

Steps to Add a Beneficiary on CDSL

  1. Log in to CDSL Easi/Easiest
  2. Navigate to BO Linking Setup
    • Go to the Transaction tab.
    • Click BO Linking > BO Linking Setup.
  3. Add beneficiary details
    • Enter the beneficiary’s 16-digit BO ID and PAN.
    • If you’re unsure of the BO ID, refer to this article: How to check your BO ID.
    • Submit the request to initiate beneficiary setup.

  1. Complete verification via email
    • Open the verification email from CDSL.
    • Click the verification link.
    • Enter your PAN and 16-digit Demat account number.
    • Confirm the details, tick the checkbox, and click Generate OTP.
    • Enter the OTP received via email or SMS and click Submit.
  1. Confirmation
    • You’ll receive a confirmation message once the beneficiary is linked.
    • The beneficiary will then be eligible for off-market transfers through CDSL.
Important: Ensure the BO ID and PAN entered are accurate. Incorrect details may delay or block beneficiary approval.

After Beneficiary Setup

Once the setup is complete, you can transfer securities using:

  • CDSL Easi/Easiest
  • Delivery Instruction Slip (DIS)
  • Gifting of securities will be supported on FYERS in upcoming releases.
Tip: Keep your registered email ID and mobile number active to receive OTPs and CDSL verification links without delays.

What if...

ScenarioOutcome
You don’t receive the OTPClick Resend OTP and ensure your mobile number and email ID are updated.
You enter an incorrect BO ID or PANThe setup may fail or get delayed. Recheck the details and submit again.
You exit midwayYou’ll need to restart the process from the beginning.
The beneficiary is not approvedAllow 24–48 working hours. If it is still pending, contact our support.

Last updated: 28 Apr 2026

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