Can I dematerialise jointly held physical shares?
Yes, shares held in joint format can be dematerialised. You will be required to submit:
Sl. No. | Document |
---|---|
1. | Either: i. Original share certificates ii. Letter of Confirmation issued by the RTA/issuer company |
2. | Self-attested PAN/ Aadhaar (first 8 digits masked) of all holders. |
3. | On submission of the above mentioned documents at the branch, they will print a Dematerialisation Request Form (DRF) with details of the shares to be dematerialised. You will be required to sign 3 copies (1 as submission proof for you and the other 2 will be maintained by Geojit). |
4. | The shares have to be dematerialised into a joint demat account with the same holders and holding pattern order. In case there is an order mismatch, you must submit a Transposition Form. |
The documents will be sent to the concerned RTA (Registrar & Transfer Agent) for the shares to be credited to your Demat account.
Please ensure to check the details on the generated DRF and collect a copy of it with the branch seal as proof of submission.
Still need help? Create Ticket