As per SEBI rules, you must either register a nominee or formally opt out of nomination. You can add up to three nominees with a percentage share for each. A registered nominee lets your securities pass smoothly to the right person and avoids a lengthy transmission process for your family. You can manage nomination while opening a demat account or later from your profile.
Why nomination matters
Without a nominee, your legal heirs must complete a transmission process with additional documentation, which takes longer. A registered nominee makes the transfer of your demat holdings smooth and fast.
How to add, change or opt out
- Add / change: update nominees online from your profile or settings using OTP verification, or submit the nomination form.
- Multiple nominees: add up to three and specify the percentage share for each.
- Opt out: you may opt out by submitting the prescribed declaration — though registering a nominee is strongly recommended.
Keep it updatedReview your nominee after major life events (marriage, births, bereavement). An outdated nominee can complicate transmission later.
Explore more ATS help topics
- Demat Account FAQs — CDSL demat services — holdings, DIS, CMR, transfers, statements and re-KYC.
- Joint Demat & Trading Account — Open and operate a joint demat & trading account — holders, KYC and documents.
- Brokerage & Demat Charges — Brokerage, DP charges, AMC, STT, GST and every trading cost, explained.
- Margin Trading & Pledge — MTF, pledging shares for margin, haircuts, and margin-shortfall penalties.
- Tax on Stock Trading — STCG, LTCG, STT, intraday & F&O taxation, and downloading your tax P&L.
- Corporate Actions — Dividends, bonus, splits, rights and buybacks — how they hit your demat.
- Buyback of Shares — How share buybacks work, eligibility, and tendering shares through ATS.
- Mutual Funds & SIP — Start SIPs, invest in mutual funds, redeem, switch and track your folios.
- Account Closure & Reactivation — Close, reactivate or modify your account — dues, KYC and dormant accounts.
- Account Security & Fraud Prevention — Two-factor login, phishing, safe passwords and reporting unauthorised trades.
- Grievance Redressal — Raise a complaint, the escalation ladder, SEBI SCORES and Smart ODR.
- NRI Trading Account — NRE/NRO, PIS, repatriation and NRI demat & trading account rules.
- Trading Platform & App Support — Login, orders, charts, reports and troubleshooting on the ATS apps.
- Refer & Earn / Partner Program — Refer friends, earn rewards and become an ATS authorised partner.