Regulator has made it mandatory to have nomination in trading and demat accounts. For trading & demat accounts opened since October 1, 2021, it’s mandatory to nominate someone or opt out. All existing trading & demat accounts opened before October 1, 2021, without nomination will be frozen for further transaction from 31st March 2023.
For continuity of the transaction in the existing trading & demat accounts it is advisable to check nomination in existing trading/demat accounts and update the same if missing.
Update of nomination in your demat accounts with SHCIL:
- Click on NSDL link to update nomination details for demant account where account is single holding
- To update nomination details for demat account where account is joint holding download the form from below link. The form needs to be printed and signed by all the holders & submitted to your services relationship manager.
a) Click on the download link to download the form, in case you do not wish to appoint anyone as nominee.
b) Click on the download link to download the form, in case you wish to appoint nominee.
Update of nomination in your trading account with Stockholding Services Limited
- In case you do not want to opt nomination facility kindly provide your consent online by clicking on below link.
- Download the form from below link in case you want to nominate someone in the trading account. The forms need to be printed and signed & submitted to your services relationship manager.
Click on the download link to download the form, in case you do not wish to appoint anyone as nominee.