CDSL-Direct Credit-DCRF
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In Compliance with the SEBI Circular HO/38/13/(3)2026-MIRSD-POD/I/3763/2026 dated January 30, 2026 on doing away with requirement of issuance of Letter of Confirmation (“LOC”) and to effect direct credit of securities in demat account of the investor on receipt of the various investor service requests such as issuance of duplicate securities certificates, transmission, transposition, Renewal / Exchange of certificates, Endorsement Sub-division / Splitting of certificates, consolidation of Certificates /folios etc.
To facilitate the direct credit of securities into the demat account, investors with CDSL-registered Depository Participant (DP) are required to submit the following documents along with their investor service request(s), such as issuance of duplicate securities certificates, transmission, transposition, renewal/exchange of certificates, endorsement, sub-division/splitting of certificates, consolidation of certificates/folios, etc.
- The duly filled and signed Demat Conversion Request Form (DCRF), kindly ensure that the appropriate nature of investor service request is selected. In case of a composite request, all relevant checkboxes should be duly selected.
(Note: In case lockin securities- Kindly submit distinct DCRF for free and lock-in securities along with lock-in reason or release date)
- The self-attested latest Client Master List (CML) of demat account and signature of the BO/s duly verified by the DP Official is required to be submitted along with DRF (the CML should not older than 2 months)
- In cases of Transposition-cum-Dematerialisation, the request shall be accompanied with Transposition Request Form (TPRF).