Many people find it difficult to fill Delivery Instruction Slip Book(DIS) so read this article to know How to fill Delivery Instruction Slip Book (DIS)?
What is the Delivery Instruction Slip Book?
D I S or delivery instruction slip book is the instrument by which you can transfer shares from one Demat account to another Demat account manually. Delivery instruction slip book is issued by the broker when you open a Demat account if you do not receive your delivery instruction slip book while opening the Demat account you can request your broker to provide you delivery instruction slip.
What is the use of the Delivery Instruction Slip Book?
Delivery instruction slip book is used for transferring shares from one Demat account to another Demat account manually. There are many reasons by which people transfer there to share from one Demat account to another Demat account some of the reasons are as follows.
- When you did not like the services of your current broker and want to consolidate all your portfolio into one Demat account.
- The second reason for transferring shares is when you want to diversify your portfolio from one Demat account to two or more Demat accounts.
- The third reason to transfer shares is when you want to gift your shares to somebody else then you also need a delivery instruction slip book to transfer your share from your account to another.
- Another reason for transferring shares is when another broker offering you more features than your current broker. These are the main reasons to transfer shares from one Demat account to another Demat account.
Sample of Delivery Instruction Slip Book (DIS).
This is the picture of the delivery instruction slip book issued by Angel Broking.
Abbreviations used in delivery instruction slip book.
In the delivery instruction slip book, there are many Abbreviations used as there is slight space to write the full word. Some of the important abbreviations are
| DP ID | Depository Participant ID |
| BO | Beneficiary Owner (Demat Account Holder) |
| CM | Clearing Member (Broker Pool Account) |
| CM ID | Clearing Member ID no |
| CMBP ID | Clearing Member Broker Pool ID |
| Counter DP ID | Depository Participant ID Demat account |
Also read- How to recover money lost in the stock market?
How to fill Delivery Instruction Slip Book (DIS)?
1: Account Transfers
When shares transfer from BO to BO account.
A: Within CDSL (Transaction)
B: Outside CDSL (Inter Depository)
When shares transfer from BO to CM, CM to BO CM to CM.
A: Within CDSL (Transaction)
B: Outside CDSL (Inter Depository)
2: Market Trades
A: Early Pay-in
B: Normal Pay-in
