Welcome to this post, in case you have probably been asked by a stakeholder for the CMR (Client Master Report) copy from your stock broker i.e. Zerodha. In all probability, you must be have been requested for the Client Master Report Copy ( or abbreviated to CMR) for some off-market transactions. With Zerodha, the process to get the CMR copy is seamless, and easy.
What is Client Master Report (CMR)?
First off, you might have the question. What exactly is the CMR (Client Master Report) copy?
CMR stands for Client Master Report. The CMR copy is a digitally signed PDF copy, that is issued by the broker, with whom you have a demat account; and is sort of a digital snapshot of all the details of your demat account, along with your bank account details.
Mind you, the CMR copy will NOT have the list of securities/equity shares (name, ISIN, quantity) that you own. For that, you will have to refer the Statement of Holdings report that the depositories (viz. CDSL, or NSDL) emails you on a periodic basis.
Can you get the Zerodha CMR copy online?
Yes. You can easily get the CMR copy online through the Zerodha console. It will take about 15 minutes of your time, and the you can follow the step-by-step guide to download the Zerodha CMR copy online.
Step-by-Step Guide to get a CMR copy from Zerodha
Time needed: 15 minutes.
How to get the Client Master Report (CMR) copy online?
- Go to “Documents” module of Zerodha Console, and login, if not already logged in
Visit the following link: https://console.zerodha.com/account/documents, and login, if not already logged in.
- Select “Zerodha CMR Copy” from the dropdown of desired documents, and click “E-mail to Me”
Select the option “Zerodha CMR Copy” from the drop-down option, and click “E-mail to me”. You should then see the following on-screen message: “Zerodha CMR copy has been sent to your registered e-mail”.
- The link to download the CMR copy will be sent to your registered email
You should then receive an email with the link to download the CMR copy. You can use the link to download the document. Mind you, the link is usually valid for 6 hours only, and if not downloaded, the link will expire, and you will have to request for the CMR copy again through an another request, repeating the same process.
That is it. You now have a soft copy of the Client Master Report (CMR) that can be shared with any party that would request for the same.
What to do if broker insists on physical CMR copy?
There are still instances, where the broker or any other intermediary may insist on physical copies of the Client Master Report (CMR). Personally, I have also encountered the same.
For this, Zerodha indicates that the digitally signed CMR copy should be sufficient for any transactions. So this digitally signed CMR copy from Zerodha should be sufficient for all purposes.
Digitally signed CMR is as good as physical CMR if your depository participant insists on the CMR for transferring of securities (both off-market or online transfer) or shifting/closing of a demat account. See NSDL regulation (Circular No.: NSDL/POLICY/2021/0075 Dated: July 19, 2021) and CDSL regulation (Circular: CDSL/OPS/DP/POLCY/2021/311 Dated: July 16, 2021 ).
So, that is it. You now have the soft copy of the Zerodha Client Master Report (CMR) copy. All the best in your investing journey!