Option 1: Use CDSL Easiest (For CDSL-to-CDSL transfers)
Alice Blue supports transfers via CDSL’s Easiest (electronic) facility, but this only works when both the sender and recipient Demat accounts are under CDSL
Steps:
1 – Initiate the Share Transfer Process in EASIEST by selecting “Transactions → Bulk Setup,” selecting SELL, entering exchange IDs, recipient BO ID, ISIN details, then Submit → Commit → OTP → Easiest PIN, etc.
2 – Alice Blue will verify it (via email or call)
3 – Once verified, the transfer proceeds via CDSL Easiest portal.
Option 2: Manual Method via DIS (e.g., Inter-depository transfers or if Easiest is not enabled)
Steps:
1 – Obtain CMR (Client Master Report) from the recipient’s broker and submit it to Alice Blue. The report must have the depository seal, signature, and client signature.
2 – Request a DIS (Delivery Instruction Slip) book from Alice Blue and fill it.
3 – Submit the filled DIS booklet to Alice Blue
4 – The request is verified and then processed via the depository System.
To transfer shares from your Demat account to a third-party (non-family) Demat account, the following documents are typically required, especially for offline (manual) transfers
1. CMR Copy (Client Master Report) of Recipient
2. Filled DIS (Delivery Instruction Slip)
Yes, you can transfer shares off‑market via Alice Blue.
Only stamp duty will be applicable; Alice Blue does not levy any additional charges.