What is the role of CDSL and NSDL?
A depository is a holding entity, that holds all tradable instruments like shares, bonds etc. in an electronic format. Regulated by SEBI, there are 2 Central Depositories in India, namely, Central Depository Services India Limited (CDSL) and National Securities Depository Limited (NSDL). Any company opting for an IPO with a size greater than Rs. 10 cr. needs to offer the shares in a dematerialized format, which after being allotted, are held in the depository.
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How to transfer shares using CDSL Easiest?
To transfer shares from your FYERS account to another account using CDSL Easiest, kindly follow these steps: Log in to CDSL Easiest and select ‘Setup’ on the Transaction section. Select ‘Bulk Setup’ and then ‘Transaction’. Enter the execution date ...
How do I register for the CDSL Easiest services?
You can opt for CDSL's easiest services with FYERS. The procedure to do so is as below: Go to CDSL website, enter your BO ID & DP ID (refer to this article), and tick the box of terms & conditions (after reading) as shown in the image below: You're ...
Can I transfer my Shares/Mutual Funds from NSDL Demat Account to FYERS?
Yes, you can transfer your shares from your NSDL Demat to Fyers Demat account. However, the procedure to do so is offline and is as below: Request for a Client Master Report (CMR) from FYERS by writing to us at support@fyers.in. Get the Delivery ...
How much time will it take to avail margins after pledging?
Once you’ve authorized the pledge request with an OTP (refer this), CDSL will confirm the status within 10 minutes. However, the margin will be credited in your trading account on the next trading day. You can view the pledged margin in the My ...
How to sell my holdings using E-DIS?
Electronic Delivery Instruction Slip (EDIS) was introduced to allow investors to sell their holdings using a TPIN/OTP sent to their registered mobile number and email ID. The procedure to sell the holdings using E-DIS is as below: Go to the scrip you ...