Who Can Be a Nominee?
- Up to three nominees can be added to your Zerodha account.
- The nominee(s) can be anyone you trust, such as your spouse, children, parents, or close relatives.
- It’s crucial to ensure the nominee’s name precisely matches their official documents (proof of ID) to facilitate a smooth claim process.
- Minors can be nominees; however, a legal guardian (other than the account holder) must be appointed to manage the holdings on their behalf until they reach adulthood.
How to Add Nominee in Zerodha?
A nominee in your Zerodha demat and trading account ensures a smooth transfer of your holdings to your designated beneficiary in case of your unfortunate demise. This article provides a detailed guide on adding a nominee to your Zerodha account, both online and offline.