If your other broker demat account is with CDSL and you wish to transfer all holdings to your ICICI Bank demat account while closing the account, you may choose either the online or offline transfer process.

Online share transfer process (CDSL Easiest)

Follow the steps below to transfer shares online when both your existing demat account and ICICI Bank Demat account are held with CDSL.

Step 1: Register for CDSL Easiest

Register for the CDSL Easiest facility using the demat account from which you wish to transfer shares.

1. Register for the CDSL Easiest facility through the provided registration link: Easiest | Central Depository Services (India) Limited

2. Enter the DP ID and Client ID of your existing demat account. These details can be found on your broker’s or DP’s platform.

a. First 8 digits = DP ID

b. Next 8 digits = Client ID

3. Accept the Terms & Conditions and proceed.

4. Enter the OTP sent to your registered mobile number and email address.

5. Complete the registration by entering your account details, creating a username, selecting Trusted Account (PIN) as the Account Type, choosing a security question and answer, and proceeding further.

6. Registration is completed at this stage. Your broker/DP may take up to one working day to authenticate the request. The password will be sent to your registered email address.

7. Log in using your username and the password received via email. Enter the OTP and validate.

8. Create a new password and submit. Log in again using the new password and OTP.

9. Navigate to Miscellaneous → Reset PIN, answer the security question, and submit. The PIN will be sent to your registered email address.

10. Go to Miscellaneous → Edit Trusted Account → Add Trusted Account.

11. Enter the BO ID (16-digit demat account number) of your ICICI Bank demat account.

12. To find your ICICI Bank demat account number:

a. Log in to ICICI Direct.

b. Click on your Client ID (top right corner). Your 16-digit demat account number will be displayed under your name.

c. Alternatively, you can obtain your demat account number by logging in through the ICICI Bank website.

13. Enter the demat account number in the BO ID field and submit.

14. The status will show Pending for Authentication until the linking process is completed.

Step 2: Link the BO ID

1. Go to Transaction → BO Linking Setup.

2. Enter the Buyer BO details and your PAN, then submit.

3. You will receive an email from CDSL containing an authentication link. Click the link to proceed.

4. Enter your PAN and demat account number, then submit.

5. Verify the seller and buyer details, generate the OTP, and accept.

6. Log in again and navigate to Transaction → BO Linking → BO Linking Inquiry and Delink.

The status should now be displayed as Verified.

Once this is completed, you can initiate the share transfer.

Step 3: Steps to Transfer Shares

1. Log in to your CDSL Easiest account.

2. Go to Miscellaneous → Edit Trusted Account and ensure that the status shows Authenticated by DP. If not, please contact your broker.

3. Go to Transaction → Setup and enter the following details:

A. Counter BO ID: Demat account number of the receiving account

B. Execution Date:

i. Same day, if submitted during market hours

ii. Next working day, if submitted outside market hours

C. Entity Identifier: Select NA

4. Under ISIN Details, click the “+” button and enter:

A. ISIN (12-digit stock code, available under Account ISIN)

B. Quantity

C. Consideration Amount (can be entered as 0)

D. Reason for Trade

Click OK.

5. To add more ISINs, click the “+” button and repeat the process.

6. Click Verify and then OK.

7. On the Transaction List page, select the relevant checkboxes, click Commit, and enter the OTP and PIN.

Your shares will typically be transferred within two working days.

Once the shares have been transferred, submit an account closure request to your existing broker if you wish to close the demat account.

Please note: The same online process can be followed if you wish to transfer shares from one CDSL account to another CDSL account without closing the source demat account.

Offline share transfer process

Follow the steps below to transfer shares offline using a Delivery Instruction Slip (DIS):

1. Obtain a Delivery Instruction Slip (DIS) from your current DP.

2. Fill in the following details:

A. DP ID and Client ID (usually pre-filled)

B. Share details: ISIN and quantity of shares to be transferred

C. Target account details: Client ID of the receiving demat account and the name of the receiving DP

D. Transfer mode:

i. Off-market transfer for transfers within the same depository

ii. Inter-depository transfer for transfers between NSDL and CDSL

E. Reason for transfer and consideration amount (if applicable)

3. Sign the DIS. Ensure that the signature matches the records maintained by your DP.

4. Submit the completed DIS to your DP.

5. The DP will forward the request to the depository for verification.

6. Collect the acknowledgement slip and allow 3–5 working days for the shares to be transferred.

Please note: The same offline process can be followed if you wish to transfer shares from one CDSL account to another CDSL account without closing the source demat account.