Demat Account Transfer

Follow just 3 simple steps & switch your Demat account from your existing broker to m.Stock.

Why pay for 2 when 1 can do. Here's how you can go about it:

  • Step 1

    Clear your dues & close all positions in your broker’s account.

  • Step 2

    Download the account Closure form from your broker (should be available on their website).

    If your current broker has a digital process, you will need to eSign the digital form and print it.

  • Step 3

    Courier the digitally signed Client Master Report (CMR) from m.Stock along with the Closure form (Step 2) to your current broker.

    You will receive your CMR after your m.Stock account is opened!

Note :

  • The Demat account holders name needs to match. In case of a joint account the primary holder’s name must match, and he/she must be the primary holder in both Demats.
  • You cannot transfer shares from an individual account to a Joint/NRI/HUF and vice versa

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