How to do a closure-cum-transfer of holdings at Zerodha

Tue, 12 May 2026 00:00:00 +0000

A closure-cum-transfer (CCT) is a combined demat account operation that closes your demat account at Zerodha and simultaneously transfers all remaining holdings to a target demat account in a single process. It avoids the need to manually initiate individual off-market transfers for each scrip before closure. This is the recommended procedure for clients who are switching brokers and want to retain all their holdings at the new broker without selling.

How to transfer shares from Zerodha to another broker

Tue, 12 May 2026 00:00:00 +0000

This guide explains how to transfer equity shares out of your Zerodha demat account to another broker’s demat account. The transfer is executed as an off-market transaction through CDSL ’s Easiest platform. Zerodha holds all client demat accounts at CDSL; the target broker may be another CDSL participant or an NSDL participant (which requires an inter-depository transfer).

Before you begin

Confirm that the shares you want to transfer are not pledged for margin at Zerodha. Pledged shares must be unpledged first. Go to Console > Portfolio > Holdings and check the pledge status.
Confirm that the shares are not under a lock-in (IPO allotment lock-in, ESOP vesting lock-in, or bonus lock-in). Locked-in securities cannot be transferred until the lock-in expires.
Ensure you have your Zerodha 16-digit BO ID (available at Console > Profile > Demat account).
Ensure you have the target broker’s 16-digit BO ID. For CDSL targets, the BO ID starts with the DP’s 8-digit DP ID. For NSDL targets, the format differs; request the target’s DP ID + client ID combination.
Off-market transfers do not require DDPI (Demat Debit and Pledge Instruction) authorisation at Zerodha; they are self-initiated through CDSL Easiest.

Step 1: Find your Zerodha BO ID

Log in to Zerodha Console and go to Profile > Demat account. Your 16-digit CDSL BO ID is displayed there. You can also find it on the CMR (Client Master Report); see How to request a CMR / CML from Zerodha .

Broker Switch on WebNotes

How to do a closure-cum-transfer of holdings at Zerodha

How to transfer shares from Zerodha to another broker

Step 1: Find your Zerodha BO ID