As per CDSL’s circular (WEB), to prevent incorrect transfers, all off-market transfers will be processed only if the sender (transferor) of the securities adds the receiver’s (transferee’s) demat account as a beneficiary on CDSL. To add a beneficiary on CDSL for off-market transactions, follow these steps: An email will be sent to the sender to verify the … Continue reading How to add a beneficiary to transfer securities in CDSL?