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The first action you must take when using a Termination Of Security Agreement With Karvy Stock Broking Limited is to ensure it's the latest version, as it determines its eligibility for submission.
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Once your account is activated with IIFL , Single account holders can request for DIS slip from ttweb.indiainfoline.com Post that you need to fill the DIS Slip and opt for transfer of shares offmarket. In case of non-individual & joint holders, you can approach the nearest branch.
To get the answers through Email send your queries on service@karvy.com.
No, you cannot close your Demat account online. However, you can do so in person in a few simple steps. Just visit the DP's office and submit the account closure form along with hard copies of all the necessary documents. It will take approximately 7 to 10 business days for your account to be closed for good.
Transfer and Account ClosureAvail the closure form.Duly-fill Delivery Instruction Slip (DIS) to transfer the securities to another Account.Obtain original (CML) Client Master List (Target DP) with the logo, stamp and signature.Submit all documents at the nearest branch.More items...
You need to send request letter to Karvy duly signed by the holder along with original share certificates, self-attested ID proof of transferor & transferee. Affix stamp value as Transfer deed of 0.25 % for the market value as on that day, address proof of transferor and transferee.