Are you opening a Demat or Trading account with Zerodha? You might be prepared will all the essential documents, but have you downloaded the Zerodha Nomination Form?
Adding a nominee is essential to keep your securities safe even if some casualty happens.
Since all your savings are meant for you and your family, but what about all those investments you had done after your death.
It is therefore important to choose a nominee while opening any account for initiating investment in the stock market.
A nominee can be any one of the family members. In case, you change the nominee after opening the account then you would be charged particular fees equal to Rs 25+18% GST.
To update the nominee form send the hard copies of the Nomination form along with the Account Modification form.
Here we are with all the essential details and the great tips that would help you in filling the nomination form.
Zerodha Nomination Form Filling
For those investors and traders who open or are thinking of opening an account with Zerodha make sure you submit the nomination form to nominate your family member.
The nomination is applicable to the Trading and Demat account. Since the nominee is added to your Demat account and therefore the chosen nominee will be applicable to your mutual fund’s holdings as well.
Download the form, fill it and send it to the Zerodha Corporate Office Address.
To fill the nomination form fill the form by referring the steps below.
Name of the first holder: This field asks for the name of the Zerodha account holder. In case, there is more than one holder fill all the fields with the complete name as in the account.
Name of the Nominee: Fill the field by adding the name of the nominee. You can add up to three nominees.
Share of Each Nominee: Fill the share of each nominee. In case you entered only one nominee, he or she will be applicable for a 100% share.
Add Address, contact details and other essential information of the nominee/s
Submit Proof of Identity: You are required to prove the identity of the nominee and for this, you are required to submit the copy of authorized identity like Aadhaar Card
Sign the box: At the bottom, sign the box. The box is signed by the account holder and nominee is not required to sign the form.
Zerodha Nomination Form PDF
You can download the Zerodha nomination form in the PDF form.
Download the Zerodha Nomination Form PDF by clicking on the link
Take a print and fill all the required fields.
Before signing make sure that all the information is true and correct.
Zerodha Nomination Form Sample
The nomination form for the Zerodha account asks for the details like the name of the nominee/nominees, your relationship with them, address, contact details, identity proof, etc.
After filling all the information sign the form.
Also, the nomination form asks for the details of nomination which is applicable only if the account holder has made a nomination.
After filling the form, you can check for the nominee details in Zerodha in Zerodha Console.