DPs are advised to refer to CDSL Communique No. CDSL/OPS/DP/POLCY/2025/392 dated June 12, 2025, disseminating the SEBI Circular SEBI/HO/DEPA-II/DEPAII_SRG/P/CIR/2025/86 dated June 11, 2025, regarding the adoption of standardized, validated, and exclusive UPI IDs for collection of payments by SEBI registered intermediaries from investors
Further, DPs are advised to refer below CDSL Communique Nos. providing operational procedure / modalities for making stamp duty payment through the online payment portal and through UPI. In addition to the said facility, CDSL is pleased to inform its DPs that their clients (BOs) can now also start making the stamp duty payment to CDSL through dynamic QR code for execution of their off-market or invocation transactions. The said facility has already been enabled to BOs.
DPs are requested to take note of the following operational steps / modalities for making stamp duty payment by BOs to CDSL through valid UPI handle and disseminate the same to their clients.
1) BO should visit CDSL website www.cdslindia.com
2) On CDSL homepage, BO should follow below steps to initiate stamp duty payment :
a) Click on the ‘Quick Links’ menu.
b) From the dropdown list, select ‘Stamp Duty’ and click on ‘Stamp Duty Payment’ link.
c) On the ‘Stamp Duty Details’ page, select “Entity Type” as “Beneficial Owner (BO)”.
d) Upon selection, BO must enter the following details:
✓ BOID: 16 digits demat account number for which stamp duty is to be paid
✓ BO Name: When you enter the BO ID, the account holder's name will automatically displayed on the screen. You must confirm that the displayed name is correct before entering any additional information.
✓ Mobile Number: 10-digit mobile number of the person making the payment is to be entered.
✓ Email ID: Email address of the person making the payment to be entered.
✓ Stamp Duty Amount: Stamp duty amount to be paid will be required to be entered by the BO.
✓ Enter Captcha: To proceed further, BO should enter the correct captcha as displayed on the screen.
3) On entering all the details, BO needs to click on ‘Proceed for Payment’ option.
4) A dialog box will be displayed showing the options “Pay by QR” and “Pay by VPA”.
a) If option “Pay by QR” is selected, then the system will prompt an option “Show QR” which needs to be clicked to view and scan the QR for making the payment.
b) If option “Pay by VPA” is selected, then the system will prompt to enter his / her VPA (Virtual Payment Address) or UPI ID through which payment is to be made and then click on verify option to validate his / her UPI ID.
c) After validation of his / her VPA / UPI ID, BO will require to click on ‘Make Payment’ option to proceed for the payment.
5) An Order ID for stamp duty shall be generated.
6) BO will receive the payment request from valid UPI handle of CDSL i.e. cdsl.stamp.dep@validhdfc in his / her UPI App.
7) BO will then require approving the payment request in his / her UPI App.
8) After approving the payment through UPI App, the successful message will be displayed on the payment screen.
9) Payment details will be sent on Email ID entered as above and registered email id of the BO.
In case of any clarification or assistance required in the implementation of this circular, you may contact : Kaushik Jethwa at kau...@secmark.in and 9870210171