Transfer of securities from an account in one depository to an account in another depository is termed as an inter-depository transfer.
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what is holding statement
Hello Hari,
Holding statement is the statement which contains the list of stocks and quality that you have in your demat account.
I already have Demat & trading account, is it possible to open only Trading account with you and use the existing Demat account ?
Hi Prashant,
You can open only trading account with us and link other broker demat account. Please note that by doing so, you are not allowed to sell any shares with us. Once you buy any shares, those share will go to the demat account and you are required to sell those shares through the broker with whom you have demat account. We would suggest you to open both trading and demat account for your better trading experience.
shall inter depository transfer cum closure can do in a single form
Hi Arun,
You can do inter share transfer along with account closure. In this case, you are required to submit trading and demat account closure form, client master copy of other DP to which shares are to be transferred and stock holding statement. You need to courier all the documents to our Corporate office address mentioned below.
VNS Finance & capital Services Ltd.
A-401/402, Mangalya Building,
Opp: Marol Fire Brigade,
Marol Maroshi Road, Andheri(E),
Mumbai – 400 059