Registration of a Transferee account will be a One time ACTIVITY or client need to submit the same for every off market transaction ?

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• Registration of a Transferee account will be a One time ACTIVITY or client need to submit the same for every off market transaction ?

  For every successful registration, Transferee account details would be stored as ‘Beneficiary’ under client demat account. Registration of a Transferee account will be a One time ACTIVITY & client not need to submit the request again for add same ...

• Registration of a Transferee account will be a One time ACTIVITY or client need to submit the same for every off market transaction ?

  For every successful registration, Transferee account details would be stored as ‘Beneficiary’ under client demat account. Registration of a Transferee account will be a One time ACTIVITY & client not need to submit the request again for add same ...

• Does OTP Confirmation need to be confirmed by the client by submitting the same on given link for any Off Market transaction?

  Yes . NSDL Depository is sending the OTP link on client registered Mobile & email id post the DIS execution done by DP .Once the OTP is confirmed, the off market transfer instruction(s) as selected by the client will be processed.

• Does OTP Confirmation need to be confirmed by the client by submitting the same on given link for any Off Market transaction?

  Yes . NSDL Depository is sending the OTP link on client registered Mobile & email id post the DIS execution done by DP .Once the OTP is confirmed, the off market transfer instruction(s) as selected by the client will be processed.

• What's needed to mandatory filled -up on the Addition of Target Beneficiary demat account forms ?

  While submitting the Registration Form client has to fill all the details viz. Client demat account, Target (Transferee) demat account, Target (Transferee) PAN in the registration form & need to be signed by all Account holder's .