Nomination is an important facility that helps ensure
a smoother and faster transfer of securities to the
rightful beneficiaries in the event of an investor's demise.
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Easy Claim Process:
Nomination allows an investor to nominate a person
who can claim the securities held in the investor's
Demat account in the event of their demise.
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Faster Transmission:
It helps identify the nominee and facilitates
a quicker and smoother transmission process.
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Fewer Legal Formalities:
In the absence of a nomination, legal heirs may
need to submit additional legal or court-issued
documents, which could delay the transmission process.
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Nominee as Trustee:
The nominee receives the securities in a fiduciary
capacity, subject to applicable law and the rights
of the legal heirs.
Important Reminder!
If you have not yet updated your nomination details,
we request you to complete the process at the earliest.
Update Nomination Now
