E-DIS stands for Electronic Delivery Instruction Slip. It's a digital facility that enables investors to authorize the transfer of securities from their demat accounts to fulfill obligations arising from trades without the need to submit a physical Delivery Instruction Slip (DIS) or grant a Power of Attorney (PoA) to their broker.
- Submit the Add Beneficiary,form along with a CMR copy of the receiver/transferee via courier to the following address:
Jainam Broking Limited Kargil Chowk, Piplod, Surat - After adding the beneficiary, log in to J Plus
- Select "Comet" and click "Portfolio" to view your holdings.
- Click on "E-transfer," select the off-market process, and enter the OTP received on the registered mobile number of the transferor.
- Select the script you want to transfer and enter the BOID number. Choose the reason for transfer as gifting, off-market sale and purchase, etc., and proceed with the process. To know more see, What are the common reasons for an off-market transfer of securities?
- You will now be redirected to the CDSL page, where you must enter your T-PIN (Transaction PIN) and verify. To know more, see how you can generate the a T-PIN?
- Enter the OTP again to confirm, and You will receive an IPV verification link for video verification via your registered mobile number. Once verified, Jainam will send a confirmation email via CDSL. To know more see, What is the process to follow for IPV video verification for E-DIS transactions at Jainam?
- After receiving confirmation the verification process is complete.
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RELATED FACT - Charges for off-market transfers apply based on the DP scheme.
- The standard off-market transfer fee is applicable, and it is ₹15, or 0.01% per stock, whichever is higher, plus 18% GST applicable. Giving securities as gifts carries no extra costs.
- For example:
Stock | Quantity (A) | Closing price (B) | Value | 0.01% (in₹) | ₹15 | Considered Amount (in ₹) | HDFC | 14 | 632.05 | 8848.7 | - | 15₹ | 15 | Nestle | 46 | 3496.25 | 160827.5 | 16.08 | 15₹ | 16.08 | Solar | 100 | 148.05 | 14805 | - | 15₹ | 15 | Applicable charges | - | - | - | - | - | 46.08 | GST@18% | - | - | - | - | - | 8.29 | Total charges | - | - | - | - | - | 54.17 |
- To download the Add Beneficiary form and view a sample filled Add Beneficiary form.
- Video verification should include the date and time, client name, target BOID, and total number of scripts. To know more, see, What is the process to follow for IPV video verification for E-DIS transactions at Jainam?" OTPs will be sent to your registered number for verification.
- Your Add Beneficiary process will be approved within the same day.
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