Adding a Nominee for Future Investments
The good news is that adding a nominee for future investments on Groww is a simple online process:
- Log in to your Groww account.
- Navigate to the “You” section and select “Account details“.
- Click on “Declare Nominee” next to your current nominee details (if any).
- Select “Add Nominee” and provide the nominee’s details, including name, relation to you, and date of birth.
- Confirm the information and proceed with the e-sign process using your Aadhaar OTP.
How to Add Nominee in Groww?
Investing in mutual funds and stocks can be a smart way to secure your financial future. But have you considered what happens to those investments in the unfortunate event of your passing? This is where nominating a beneficiary comes in. A nominee is someone you authorize to inherit your holdings, ensuring a smooth transition and avoiding complications for your loved ones.