In order to facilitate the seamless transfer of your shares from your Zerodha account to another Demat account, it is important to complete the registration of your Zerodha account with CDSL Easi/Easiest. By doing so, you will be able to effortlessly transfer your shares to any Demat account by paying a nominal transfer fee.
For those seeking clarity on the specific transfer fees applicable to Zerodha, this comprehensive article will provide you with detailed information. Additionally, it will offer guidance on how to review the charges associated with the transfer in your statement once the shares have been successfully transferred.
Assuming that you have already completed the registration for CDSL Easiest, a platform that streamlines the process of transferring shares between Demat accounts.
Know How Much Zerodha Charge for Share Transfer
Step 1: Begin by launching the Zerodha Kite Application and logging into your account. After logging in, locate and tap on the “Profile” section within the app.
Step 2: Within the profile section, find and tap on the “Funds” option.
Step 3: Once in the Funds section, locate and tap on the “View Statement” option.
In Step 4, make sure to specify the time period during which you transferred shares to another Demat account.
Moving on to Step 5, you can check how much Zerodha charged you for the share transfer which is specifically mentioned as “off-market share transfer charges via Easiest”. As you can see in the below screenshot Zerodha has charged me Rs.29.5.
It’s important to note that these charges apply per transfer. This means that regardless of the number of shares or the amount you transfer, Zerodha will levy a fee of Rs. 29.5 for each transfer.
When your shares are transferred to another Demat account, the charges will be debited from your Zerodha account. It’s important to ensure that you have sufficient balance in your account to avoid rejection of the transfer request due to insufficient funds. Additionally, you can learn about how to instantly withdraw money from Zerodha using IMPS.
I hope this provides a clearer understanding of the charges for share transfers in Zerodha.