Physics shares transfer to a trading account

83°
Deal Cadet
Swetha11

Hi Friends,

My Dad passed away 10+ years back, recently while shifting house I found some physical shares on his name ( SBI, TORRENT POWER, etc)

Is there a way to transfer them to my Demat account. Please help.

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Finance Mentor Finance Mentor
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I think you directly need to contact the company that issued the shares and ask them to update your name in their records.


Then only you can start the procedure to dematerialize them.

For that you might need

1.Death certificate

2.Succession certificate

3. If you are not the sole heir,

you should produce some kind of affidavit from the other living heirs(your mother and siblings) saying they consent to you having the shares and that they won't stake a claim in the future.

The company will change the shares to your name. Then you can proceed with dematerialization process to get them credited to your demat

This link might be helpful.


https://support.zerodha.com/category/your-zerod....

Budding Star Budding Star
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Contact RTA of respective companies and discuss matter with them. Only they can help.

Rta information will be available at investors section of official website of company 

Generous Generous
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Go to some offline broker, i.e. Stock Holding, Sharekhan, IIFL, etc. 

Tell them the scenario, they will help you out with the process.

There will also lots of dividend, bonus, split of share, etc. Everything need to be taken care.

Bargain Master Bargain Master
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Do  consider  the  total   value  of shares  before action . 4 aane  ki  murgi  12  aane  ka  masala  na ho .

Saying so because  if the number of shares are less also monetary value considering  efforts it may take ,

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