Processing Time and Important Notes
- Processing online nominee addition requests may take up to 5 working days.
- Non-individual accounts (like companies) and dormant accounts cannot add nominees online. However, they can utilize the offline process.
- NRIs (Non-Resident Indians) can add nominees online if their Aadhaar card is linked to their active mobile number.
- Charitable trusts cannot be designated as nominees.
By following these steps and considering the additional points, you can effortlessly add a nominee to your Zerodha account and ensure a smooth transfer of your assets in the event of an unforeseen circumstance. Remember to update your nominee details periodically to reflect any changes in your circumstances.
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.