How to Add a Beneficiary on CDSL for Secure Securities Transfers

How to add a beneficiary on CDSL to transfer securities?

Before you can transfer securities via CDSL, you must add the recipient’s Demat account as a beneficiary. This is a mandatory step for all off-market and gifting transfers through the CDSL portal.

Steps to Add a Beneficiary on CDSL

  1. Log in to CDSL Easi/Easiest
    1. Go to the CDSL Easi/Easiest login page
    2. Use your registered credentials to log in
    3. Not registered? Follow this step-by-step guide
  1. Navigate to BO Linking
    1. Go to the “Transaction” tab
    2. Click on “BO Linking” → “BO Linking Setup”

  2. Add Beneficiary Details
    1. Enter the beneficiary’s 16-digit BO ID and PAN
    2. If unsure of your BO ID, see this guide: How to check your BO ID
    3. Submit to initiate the beneficiary setup

For a step-by-step visual demonstration, watch the video below:


  1. Complete Verification via Email
    1. Open the verification email from CDSL
    2. Click the verification link
    3. Enter your PAN and 16-digit Demat Account Number
    4. Confirm the details, tick the checkbox, and click “Generate OTP”
    5. Enter OTP received via email or SMS and click Submit

Need help verifying the beneficiary via email? Here's a detailed walkthrough:

  1. Confirmation
    1. ​You’ll receive a confirmation message
    2. The beneficiary is now linked and eligible for off-market transfers
Ensure the BO ID and PAN entered are correct. Errors in this step may delay or block the beneficiary approval process.

After Beneficiary Setup

You can transfer securities using:

  1. CDSL Easi/Easiest
  2. Delivery Instruction Slip (DIS)
  3. FYERS Gift Securities – View gifting process guide

Last updated: 25 Jun 2025

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