If you wish to transfer shares to a third-party Demat account, the Off-market transfer is a method to transfer shares from your Stocko Demat account to any other Demat account with another broker through the off-market route. This option can be used for gifting shares to family members, executing bulk deals between institutions, and other purposes.

To initiate an off-market share transfer from your Stocko Demat account to any third-party Demat account, please follow the steps below:

1. Download the attached DIS (Delivery Instruction Slip) requisition form and Target Beneficiary Details Annexure form.
2. Print and fill out the forms.
3. Send the signed hard copies to us at our office address.

Once we receive your DIS requisition form, we will send the DIS booklet to your registered residential address after completing the necessary mandate checks.

Upon receiving the DIS booklet, please fill out the DIS slip and send it back to us (a sample filled DIS slip is attached for your reference).

After receiving your completed DIS slip, we will initiate the share transfer request.

Once your request is processed by the Stocko team, you will receive an Email & SMS notification for approval from NSDL. Please authorize your off-market share transfer request promptly.

Important Notes:-

1. You are also required to send attached annexure (Addition_of_beneficiary_details) with your DIS request form for adding target beneficiary details.
2. If you are submitting a DIS (Delivery Instruction Slip) to transfer securities as a gift to a blood relative, please provide a written request that includes the DIS serial number, clearly mentions your relationship with the recipient with valid proof of the stated relationship soft copy.
3. If you are submitting a DIS (Delivery Instruction Slip) to transfer securities to a friend or any other person (non-relative), you must select the transfer reason as “Off-Market Sale”. Additionally, you are required to submit the attached Annexure for Off-Market Sale, duly filled with the necessary details, along with the hard copy of the DIS.
4. If you are opting for the transfer reason “Transfer to Own Account“, you are required to submit a hard copy of the Client Master Report (CMR) of the target demat account, duly stamped and signed or digitally signed, along with the Target Beneficiary Annexure.

Off-Market / Inter-Depository Transaction Fee: Rs. 30 per instruction or 0.03% of the transaction value, whichever is higher.

DIS Request Form >

Sample DIS Form >

Target beneficiary Annexure form >

Off Market Sale Annexure >