I am a NRI, I have some Physical Shares of the company, How can I convert them into Demat format?

Posted on 1st Oct 2018
by Yogendra Sinha

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I am a NRI, I have some Physical Shares of the company, How can I convert them into Demat format?  Yogendra Sinha - 1st Oct 2018

For NRI’s first step is you need to open trading and demat account. Please refer our detail guide how can NRI’s open trading and demat account in India.

List of brokers who are providing NRI trading service.

Once you have your demat account is active in India, you need to follow below-given steps to dematerialization your shares.

Steps:

  1. Print Dematerialisation Request form in duplicate from your broker's platform
  2. Fill & Sign Form
  3. Attach 2 copy of self-signed PAN card & Aadhar Card
  4. The original form and original share certificate signed on marked place.

Share this document with your broker/bank who can take it f/w with CDSL or NSDL. This process will take 2 to 3 weeks after document verification.


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