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.
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 firstname.lastname@example.org. Get the Delivery ...
How to sell my holdings using E-DIS?
Electronic Delivery Instruction Slip (EDIS) was introduced to facilitate investors to sell their holdings using a TPIN/OTP that will be sent to their Registered Mobile Number and Email ID. The procedure to sell the holdings using E-DIS is as ...
How to transfer shares from my existing Demat account to FYERS?
You can transfer shares from one Demat to another, both Online and Offline. Procedure for transferring the shares offline: Submit Transfer-Cum-Closure forms to the broker from whom you wish to transfer the securities. Along with the forms mentioned ...
How can I place a pledge request in FYERS?
Now you can pledge all your NSE Approved Securities and Mutual funds online through OTP. The step-by-step procedure of the same is as below: Go to pledge.fyers.in and login with your FYERS credentials (If you’ve already logged in to FYERS Web then ...