Nominee Details Updation

Published Oct 17, 2024

As per the SEBI circular, it is now mandatory to either add a nominee or opt out of the nomination in your trading and Demat account. Failure to comply may result in your account being frozen.

Please note that non-individual account holders (including HUFs) are not eligible to have nominees.

You can add a nominee to your trading and Demat account online. Kindly follow the steps mentioned below.

1. First, sign up on the Nominee Updation Portal using your email ID and contact number. Submit the OTP received on your registered mobile number and email.

 

2. Enter your client code, name, and Aadhaar number, and select whether you want to opt for a nominee or not.

 

3. Enter the personal details of your nominee and click on the “+” icon if you wish to add more than one nominee.

 

4. Select the segments in which you want to add nominees. Proceed to e-Sign and verify using the OTP.

 

 

5. A soft copy of the Nominee Updation Form will be sent to you via email.

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