What is Transmission cum Demat?
Transmission cum Demat is a facility used when one of the joint holders mentioned in a security's physical certificate has died, and the remaining holders wish to dematerialize them. Using this, the activities of deleting the deceased holder's name and dematerializing the securities in the name of the surviving holders can be completed simultaneously.
The surviving holders will be required to submit the following documents:
| Sl No. | Documents |
|---|---|
| 1. | Demat Request Form (DRF) issued by the branch |
| 2. | |
| 3. | A copy of the death certificate, attested by a Notary Public or Gazetted Officer |
| 4. | A copy of self-attested pan card and masked Aadhar/passport of Surviving holder(s) |
For example:
| Name on Share Certificate | Deceased Holder(s) | Demat Account Holder for Dematerialisation |
|---|---|---|
A & B or B & A | A | B |
A, B and C (in any sequence) | A & B | C |
Still need help? Create Ticket
