How to opt out of nomination on Zerodha

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

This guide explains how to formally declare the opt-out of nomination for a Zerodha demat account, as required by SEBI’s 2022 circular that mandates all demat account holders either register a nominee or submit a signed opt-out declaration.

Prerequisites

An active Zerodha demat and trading account.
The Aadhaar number of the account holder and access to the Aadhaar-registered mobile number for OTP receipt.
Understanding that opting out does not designate any person to receive the securities in the event of the account holder’s death. The securities will be distributed to legal heirs through the court or succession process, which is typically longer and more document-intensive than a nomination-based transmission. This is an informational note, not a recommendation; the account holder is free to opt out if they choose.
Joint demat accounts: each joint holder must complete their own opt-out or nominee registration separately, depending on the depository’s instructions and Zerodha’s implementation. Confirm the requirement for joint accounts with Zerodha support.

Step-by-step procedure

Step 1: Understand the SEBI opt-out mechanism

SEBI’s circular (SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2022/186, November 2022) gave demat account holders a choice:

SEBI Mandate on WebNotes

How to opt out of nomination on Zerodha

Step-by-step procedure

Step 1: Understand the SEBI opt-out mechanism