How can we help you?

How to Transfer Shares from Another Broker to RMoney Demat Account?

Post Date : November 15, 2025

When you switch your brokerage platform or wish to consolidate your investments, you may need to transfer your existing shareholdings from your previous broker to your RMoney Demat account. This process is known as a Demat Transfer and can be completed online or offline, depending on the depository with which your current broker is registered.

In India, Demat accounts are maintained with two central depositories:

• CDSL (Central Depository Services Limited)
• NSDL (National Securities Depository Limited)

Note: RMoney operates under CDSL.

Types of Demat Transfers

Transfer Method 1: Online Transfer via CDSL EASIEST (If Your Previous Broker Uses CDSL)

This is the fastest and fully digital process when both brokers operate under CDSL.

Steps to Transfer Shares Online

1. Visit the CDSL Easiest portal
2. Log in using your BO-ID (16-digit Demat Account Number).
3. If you are not registered, select ‘New Registration’ and link your Demat account.
4. Go to the ‘My Easiest’ option in the menu.
5. Select ‘Transfer of Securities’.
6. Enter your RMoney Demat Account Number (BO-ID) as the target account.
7. Select the ISIN and quantity of shares to be transferred.
8. Authenticate the transfer using OTP/PIN.

Processing Time: Usually completed on the same day or the next working day.

Transfer Method 2: Inter-Depository Transfer (If Previous Broker Uses NSDL)
In this case, online transfer access depends on whether your previous broker has enabled NSDL online services (Speed-e / IDEAS). If not, the transfer can be done offline.

Information Required for Transfer

Submit the completed form to your existing broker for processing.

Method 3: Offline Transfer through DIS Slip (CDSL or NSDL)

If online transfer is not available, you can transfer holdings using a Delivery Instruction Slip (DIS).

Steps

1. Request a DIS Slip Booklet from your existing broker.
2. Fill in the following details:
   • RMoney Demat Account Number
   • ISIN of each security
   • Quantity to be transferred
   • Transfer Type: Off-Market / Transfer to Self
3. Ensure your signature matches the depository records.
4. Submit the DIS slip to your existing broker (in person or via courier).
5. The broker will process the transfer.

Processing Time: 2–5 working days.

Important Points to Remember

• The Name and PAN must match in both Demat accounts to avoid rejection.
• Verify ISIN and quantity carefully before confirming.
• Transfer charges may apply (varies by broker).
• The Buy Average Price does not transfer automatically.
  You can share contract notes or purchase records with RMoney to update the buy average price in your holdings.

How to Confirm Successful Transfer?

Once the process is complete:

• Log in to RMoney 
• Go to Holdings
• Verify whether the transferred shares are visible

If the average price appears 0, contact RMoney for buy price update support. 0562-4266600 / 0562-7188900
askus@rmoneyindia.com

Kickstart your investment and trading journey effortlessly with RMoney.
Open your Demat Account today and take the first step towards smarter investing and trading!