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Transfer to Another Person

How do I transfer shares to another person’s Demat account online in aliceblue?

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.

What documents are needed for third-party share transfer?

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)

Is an off-market transfer allowed?

Yes, you can transfer shares off‑market via Alice Blue.

Are there any charges for transferring shares to someone else?

Only stamp duty will be applicable; Alice Blue does not levy any additional charges.