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.

• If client received an email from CDSL/NSDL with transaction details. Please explain why ?

  IIFL is a depository participant of CDSL/NSDL where your demat account with IIFL is maintained. Client will get an SMS and email notification from CDSL/NSDL for every transaction affected in his demat account.