Indian stock market: General information about markets, securities and exchange board of india, delivery instruction slip, dividend interest, investors business daily, stock market report, corporate benefits , capital market, stock investors, investors capital

  Indian Stock Companies
  How to Start Trading
  Search on Stock Companies
  ELSS Scheme
  Dematerialsation
    Corporate Benefits
    Delivery Instruction Slips
    Demat Securities
    Nomination
    Pledging
    Rematerialisation
    Trading and Settlement
    Transaction Statement

  Depository and Particpants
    DP and Stock Broker
    DP Account
    Rights and Obligations

  Derivatives
    Options
    Risk Management
    Settlement
    Trading
    Advantages of Trading

  Stock Glossary
    Bonus Shares
    Dabba Trading
    Global Depository Receiptst
    Net Market Value
    Splitting and Consolidation
    Trade for Trade

  Mutual Funds
    How to Make Money From Your Fund
    Features of Mutual Funds
    Benefits of Investing
    Pros and Cons
    Investment Objective
    Types of Mutual Funds

  Primary Market
    Book Building
    Investors Guide for IPOs
    Issue Process
    Listing

  Stock Brokers
    Rules and Regulations

  Investment Education

Indian Stock Market >> Dematerialsation >> Delivery Instruction Slips

RSS Feed

Delivery Instruction Slips

What is delivery instruction slip (DIS)? What precautions do one need to observe with respect to Delivery Instruction Slips?
To give the delivery of shares from one account to another account, the investor has to fill a form which is known as ‘Delivery Instruction Slip (DIS)’. DIS may be compared to cheque book of a bank account. The following precautions are to be taken in respect of DIS:-

Ensure and insist with your DP to issue DIS book

Ensure that DIS numbers are pre-printed and DP takes acknowledgment for the DIS booklet issued to investor.

Ensure that your account number [BO client id] is pre-stamped.

If the account is a joint account, all the joint holders have to sign the instruction slips. Instruction cannot be executed if all joint holders have not signed.

Avoid using loose slips

Do not leave signed blank DIS with anyone viz., broker/sub-broker.

Keep the DIS book under lock and key when not in use.

If only one entry is made in the DIS book, strike out remaining space to prevent misuse by any one.

Investor should personally fill in target account -id and all details in the DIS.

Keep track of your DIS at frequent intervals.

Is it possible to give delivery instructions to the DP over Internet and if yes, how?
Yes. Both NSDL and CDSL have launched this facility for delivering instructions to your DP over Internet, called SPEED-e and EASI respectively. The facility can be used by all registered users after paying the applicable charges. This would allow you to transfer shares through click of a mouse.

ADD THIS TO YOUR SOCIAL BOOKMARKS

Blink

Del.icio.us

Digg

Furl

Google

Simpy

Spurl

Y! MyWeb