Recently, I transferred my shares from my Zerodha Demat account to another Demat account (Angel One). Today, I want to share information about Zerodha’s share transfer fee and explain how to check the details of the charges on the Kite App after successfully transferring shares to another Demat account.
Talking about online share transfers to another Demat account, CDSL provides a better platform and services compared to NSDL. You can easily transfer your shares to another Demat account if you have a Demat account with CDSL.
All you need to do, create your account on CDSL Easiest and then you can easily transfer your share to any Demat account. Your shares will be credited to the beneficiary demat account on next working day. You just need to pay DP charges for this transfer.
Check your Share Transfer Charges on the Zerodha Kite App
(Step 1) Login to the Zerodha Kite App and look at the below right side, Tap on the Profile option and open profile settings.
(Step 2) You will find the “Funds” option in the profile section, select this and proceed.
(Step 3) Tap on the “View Statement” option as you can see in the below screenshot.
(Step 4) Select the time period when you have performed the share transfer process to check your charges.
(Step 5) You can view Share transfer charges levied by Zerodha from your account marked as “off-market shares transfer charges via Easiest”. At this time Zerodha charges 29.50 INR for a share transfer from Zerodha to another Demat account. These charges are applicable per transfer, no matter how many shares or amounts you are transferring to another account.
These charges will be automatically debited from your Zerodha balance once your transfer is successful. Always ensure you have enough balance before you proceed with the share transfer. Similarly, you can check your Groww share transfer charges.