NeSL notified regarding the Non-Availability of SHCIL e-Stamping Fund Transfer Services

Jan 14, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National E-Governance Services Ltd (NeSL) on January 14, 2025, notified regarding the Non-Availability of SHCIL e-Stamping Fund Transfer Services.

The following has been stated namely: -

• It states that due to migration activity at Axis Bank, SHCIL fund transfer services are temporarily disabled. However, e-stamp certificate generation will continue as usual for already available balances in the digital ledgers for the SHCIL states. 

• It further states that the Fund Transfers for the following GRAS states will continue to be available: Kerala, Madhya Pradesh, Maharashtra, Telangana, and West Bengal.

[Circular no. - NeSL/DDE/2025/0179]


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