What is the address for dispatch physical request letter of Addition of Target Beneficiary demat accounts?

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• Who needs to follow the process of Addition of Target Beneficiary demat accounts ?

  Addition of Target Beneficiary Demat accounts process need to follow by the client (Transferor) for Addition / Registration of Target Demat Account (Transferee) as ‘Beneficiary’.

• How Client can add the Target Beneficiary in NSDL demat accounts ?

  A. Client shall initiate the request for addition of target beneficiary demat account(s) by submitting physical form (enclosed as Annexure) to its DP. B. Client shall login to NSDL SPEED-e Portal using password or e-token based option and click on ...

• Is the Addition of Target Beneficiary demat accounts process mandatory or Optional ?

  Addition of beneficiary target demat details will be mandatory and applicable for all types of OFF MARKET TRANSFER REASON CODE available in NSDL/CDSL system from January 1, 2024.

• How Client can add the Target Beneficiary in CDSL demat accounts ?

  A. Client can Add / Register Target Demat Account as ‘Beneficiary’ through their Easi / Easiest Login. B. Otherwise, Client has to submit Registration Form (format enclosed as Annexure - CDSL) to DP for addition / registration of target demat a/c as ...

• Client can delete the added Target Beneficiary Demat Accounts ?

  Yes, Clients will also be provided an option to ‘Delete’ the already added ‘Beneficiary’ account(s) by submitting the request letter .