Important Considerations
- You can only add one nominee on the Groww platform.
- If you’ve already declared a nominee, you cannot modify the details online. Contact Groww support for any updates.
- The entire process for adding a nominee for past investments usually takes around 10 working days.
By taking these steps to add a nominee in Groww, you ensure peace of mind and a simplified process for your loved ones in the event of your passing. Remember, investing is about securing your future, and adding a nominee is a crucial step in ensuring a smooth transition for those who matter most.
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.