Can all rights of the account holder transfer to the nominee after the account holder's death?

Can all rights of the account holder transferred to the nominee after the account holder's death?

  • The nominee is entitled to 100% ownership of the shares. In the event of the holder's death, all share rights belong to the nominee. If there is more than one nominee, the shares can be distributed among them equally.to see more, how to add a nominee to the Jainam account offline?

Related facts: 

  • The share percentage will be divided as per the account holder's selection.
  • the nominee is only able to transfer ownership of the account to their name.