---
title: "How to transfer shares from an existing demat account to an NRI Arrow demat account?"
description: "You can transfer shares from your existing demat account to your NRI Arrow account. The transfer process depends on several factors: your existing…"
category: account-opening
subcategory: nri
slug: how-to-transfer-shares-from-an-existing-demat-account-to-an-nri-irage-demat-acco
canonical: https://support.arrow.trade/account-opening/nri/how-to-transfer-shares-from-an-existing-demat-account-to-an-nri-irage-demat-acco/
---

# How to transfer shares from an existing demat account to an NRI Arrow demat account?

> You can transfer shares from your existing demat account to your NRI Arrow account. The transfer process depends on several factors: your existing…

## Short answer

You can transfer shares from your existing demat account to your NRI Arrow account. The transfer process depends on several factors: your existing account type (NRE, NRO, or resident), the depository (CDSL or NSDL), and your iRage NRI account type (NRE or NRO).

## Transfer process by account type

## Things to keep in mind

The PIS account linked to iRage must match the PIS account linked to the other broker. If the PIS accounts are different: A No Objection Certificate (NOC) is required from the bank that issued the PIS account linked to the other broker. This NOC must be submitted to the bank that issued the PIS account linked to iRage. The NOC contains details of previous trades, used to calculate capital gains.

A No Objection Certificate (NOC) is required from the bank that issued the PIS account linked to the other broker.

This NOC must be submitted to the bank that issued the PIS account linked to iRage.

The NOC contains details of previous trades, used to calculate capital gains.

Clients with an NRO-Non PIS account can update their trade details through Console.

NRO (PIS) accounts cannot be opened with Arrow.

## Broker details

iRage Broking Services LLP (SEBI registration INZ000011262), product name **Arrow**. Registered office: Gift City, Gandhinagar.

## Related

- Browse more in [nri](/account-opening/nri/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

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Source: https://support.arrow.trade/account-opening/nri/how-to-transfer-shares-from-an-existing-demat-account-to-an-nri-irage-demat-acco/
Publisher: Arrow / iRage Broking Services LLP