Nominee on WebNotes

How to add a nominee on Zerodha

Tue, 12 May 2026 00:00:00 +0000

This guide explains how to add one or more nominees to a Zerodha demat and trading account through the Console back-office portal, covering the SEBI mandate on nominee registration, the details required for each nominee, and the Aadhaar e-sign process.

Step-by-step procedure

Step 1: Understand the nominee rules under SEBI

SEBI issued a circular in 2022 requiring all demat account holders to either register a nominee or explicitly opt out of nomination. Accounts that did neither were frozen for debit transactions (i.e., selling securities or making transfers was blocked, though dividend credits continued).

How to do a transmission of shares at Zerodha (death of holder)

Tue, 12 May 2026 00:00:00 +0000

Transmission is the process by which securities in the demat account of a deceased holder are transferred to the rightful successor – either a registered nominee or a legal heir. It is distinct from an off-market transfer because it is not a voluntary act of the account holder; it is a legal succession event.

Transmission of shares held in a Zerodha demat account is governed by the SEBI Depositories and Participants Regulations, 2018 (Regulations 56 to 60), the SEBI Master Circular on Transmission of Securities, the Companies Act 2013 (Sections 56 and 72), and the CDSL operational instructions. Zerodha, as a CDSL depository participant, follows CDSL’s prescribed transmission procedures.

How to update a nominee on Zerodha

Tue, 12 May 2026 00:00:00 +0000

This guide explains how to modify an existing nominee registration on a Zerodha demat account, whether the change involves correcting nominee details, changing the nominee entirely, adjusting allocation percentages, or adding a guardian for a newly minored nominee.

Step-by-step procedure

Step 1: Log in to Console and locate the Nomination section

Go to console.zerodha.com and log in. Click Account in the top navigation and select Profile. Scroll to the Nomination section. Currently registered nominees are listed here with their name, relationship, allocation percentage, and registration date.

Nominee process at Zerodha

Mon, 11 May 2026 00:00:00 +0000

Overview

Nomination is a legal facility that allows the holder of a financial account to designate one or more individuals who will receive the assets held in that account upon the account holder’s death. At Zerodha, nomination is available for three distinct account types that a client typically holds: the trading account (broker account), the demat account (held with CDSL or NSDL), and mutual fund holdings (managed through Coin). Each of these accounts has its own nomination registration, and a nominee registered for one account does not automatically become the nominee for the others.