What documentation is needed to transfer shares in a nominee account?

What documentation is needed to transfer shares in a nominee account?

  • The following documents are required:
    1. Death certificate of the account holder. to see more, 
    2. Transmission cum closure form. To see more, How can shares be moved to Jainam from the other broker?
    3. CMR copy (client master report) of the account to be transferred.
    4. Share print of the shares to be transferred. To see more, How do move shares from Jainam to the NSDL demat account via CDSL?

Related fact:

  • It will take 7 working days to complete the nominee process.
  • You can select a maximum of 3 nominees.
  • "The names of the nominees must exactly match the names on their documents to simplify the process of making claims in difficult situations."
  • If the nominee is minor provide the guardian's details.to more see,
  • The account holder cannot act as the nominee's guardian.
  • For minor accounts, the guardian cannot be listed as the nominee.
  • The nominee(s) can be added to the trading and demat account, as well as mutual fund investments made through Coin.
  • Dormant account holders need to reactivate their accounts to add a nominee. - NRIs can add nominee(s) offline, as long as their Aadhaar is linked to their active mobile number.
  • Charitable trusts cannot be added as a nominee.