Yes . NSDL/CDSL Depository system would send a link on the mobile number and email id registered in the client demat account for the verification of Transferee (s) account details. By clicking the said link, the client would be prompted to enter his / her PAN and / or 16 digits BOID (8 Digit DP ID & 8 Digit client id) to confirm his / her identity. On successful identification, details of the Transferee client (s) would be displayed for verification. On verification, Client would be given an option to ‘OTP Authenticate’ or ‘Cancel’ the registration.