How can shares be transferred offline from one Jainam demat account to another?

How can shares be transferred offline from one Jainam demat account to another?

if you want to transfer shares offline follow the steps:

1. Firstly, you need to submit the delivery instruction slip (DIS slip) to the given address:

  • Jainam Broking Limited
    Jainam House,
    New Passport Office Road,
    Kargil Chowk,
    Piplod, Surat-395007,
    Gujarat.

2.  After Jainam receives the DIS, the transfer request is verified through a call or an email. video verification of all the account holders is required(the video is about confirmation of to whom you want to transfer). Calls and emails are received within 48 hours of receiving documents, and if the verification is successful, the transfer is completed.


3. When the DIS Annexure is submitted to add a beneficiary, the sender receives an email to verify the beneficiary details for off-market transactions.


  • To verify beneficiary details, please follow the steps mentioned below:

1. Open the link that you received in the mail. 

2. Enter your PAN and Demat account number. The account number is a 16-digit ID.

3. Click on "Submit". 

4. Select the box on beneficiary details and click on "Generate OTP". 

5. Enter the OTP you receive and click "Accept". 

6. Click "OK".

4. An OTP and a link to the CDSL website will be sent to your registered mobile number and email ID to transfer shares. 

Example:

Stock

Quantity(A)

Closing price (B)

Value

0.01%

(in₹)

₹15

Considered Amount
(in ₹)

HDFC

14

632.05

8,848.7

1.52

15₹

15

Nestle

46

3496.25

     160827.5

16.08

15₹

16.08

Solar

100

148.05

14805

1.48

15₹

15

Applicable charges

-

-

-

-

-

46.08

GST@18%

-

-

-

-

-

8.29

Total charges

-

-

-

-

-

54.17


Off-market sales:

  • "To transfer securities, perform an off-market transfer.
  • This document(PDF) outlines the reasons for an off-market transfer. 
  • Conditions and stamp duty apply. 
  • Fill out a DIS slip with payment details 
  • Submit the Annexure for the DIS slip (PDF)."

Jainam Broking Limited
Jainam House,
New Passport Office Road,
Kargil Chowk,
Piplod, Surat-395007, Gujarat.

  • In case of a rejected transfer, follow these guidelines:

1. Do not sell the shares before the approval of DIS execution.

2. Maintain the required fund balance in your account. 

3. Provide a copy of the NSDL CMR if you've chosen to transfer to your account. 

4. Verify any corrections, counter signs, or overwriting made. 

5. Transfer charges of( if the transfer of shares is 1.5 lakh) 0.01% and a turnover of ₹15 per ISIN, whichever is higher + GST applicable. will be incurred. If the OTP isn't entered, the same charges will apply.


Related facts:

  • kindly note that a maximum of 25 securities can be transferred per Delivery Instruction Slip (DIS).
  • You can use DIS SLIP ANNEXURE if you need to transfer more than 4 securities.
  • You are required to submit a letter to add or remove beneficiaries whenever you initiate an off-market share transfer.
  • In case the receiver is not added as a beneficiary, please courier the DIS Annexure, along with the DIS and beneficiary details to CDSL. 
  • Once a beneficiary is registered using Annexure A, it is not required to submit a new  DIS Annexure for any future transfers to the same beneficiary on CDSL.
  • Once a beneficiary is registered using DIS Annexure, it is not required to submit a new Annexure A for any future transfers to the same beneficiary.
  • There are no charges for off-market share transfers within the specified limits.