Can shares be transferred to minors?
Yes, shares, ETFs, and
gold bonds can be transferred from the guardian’s account to the minor's
account. However, 5paisa does not open a minor demat trading account, and thus,
you cannot transfer shares to minors with 5paisa.
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When will the buyer receive the shares?
Delivery to the Buyer: T+1 Day: The shares obtained from the auction process are delivered to the buyer by T+2 day (two days after the original transaction date). T+1 Day: Buyers will see shares in their Demat account by T+1 days (one days after the ...
What will happen after T+1 on receipt of delivery of shares?
After T+1, 5paisa will initiate a verification process to ensure compliance with the share delivery settlement. If you have settled the debt arising from the share purchase, the shares will be transferred to your Demat account. If you have created a ...
Can I apply for buyback if my shares are pledged?
If your shares are currently pledged, you should settle any outstanding debit and request the release of the pledge. Once the debit balance is cleared and the shares are no longer pledged, they will be transferred directly to your Demat account. Only ...
How to transfer shares from the other broker to 5Paisa?
There are two prominent ways to transfer shares from other brokers to a 5paisa demat account. Here are key pointers for both ways to simplify the process for you: Closure cum Transfer (Self-Transfer) Follow the closure cum transfer process if you are ...
How to transfer shares from one demat account to other CDSL demat account using CDSL Easiest?
As per CDSL's to prevent incorrect transfers, all off-market transfers will be processed only if the sender (transferor) of the securities adds the receiver's (transferee’s) demat account as a beneficiary on CDSL. To learn how to add a beneficiary on ...