Zerodha is one of India’s leading discount brokerage firms, providing a wide range of investment services to its customers. One of the essential features of Zerodha is the ability to nominate a beneficiary who can receive the investment proceeds in case of the account holder’s death. Adding a nominee to your Zerodha account is an important step towards ensuring the security of your investments. In this article, we will explain how to add a nominee in Zerodha and ensure that your investments are transferred to the intended beneficiary in the event of unforeseen circumstances.
To add a nominee in Zerodha, follow these simple steps:
- Visit the Zerodha website and log in to your account using your client ID and password.
- Once logged in, go to the ‘My Account’ section and click ‘Profile’.
- In the profile section, click on the ‘Nominee’ tab.
- Click on the ‘Add Nominee’ button.
- Fill in the necessary details of your nominee, such as name, date of birth, and address.
- Next, you must upload the required documents, such as the nominee’s photograph, identity proof, and address proof.
- Once you have completed all the details and uploaded the necessary documents, click the ‘Submit’ button to save the nominee details.
Note: It is important to ensure that all the details provided are accurate and up to date. This will ensure that your investments are transferred to your intended nominee in case of unforeseen circumstances.
If you want to modify the details of your nominee at any point in time, you can log in to your account and click on the ‘Edit’ button next to the nominee’s name. You can then make the necessary changes and click ‘Submit’ to save the updated details.
Adding a nominee to your Zerodha account is a simple and crucial step that every investor should take. It ensures that your investments are secure and that your loved ones receive the benefits of your investments in case of unforeseen circumstances. With Zerodha, you can easily add or modify the details of your nominee at any point in time through the online platform. So, take the time to add a nominee to your Zerodha account today and secure your investments for the future.