Can I dematerialise jointly held physical shares?
Yes, shares held in joint format can be dematerialised. You will be required to submit:
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.
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