To notify

As per SEBI guidelines (WEB), brokers are required to report the details of the deceased to the KYC Registration Agencies (KRAs). To facilitate this, the notifier is required to send the below documents to Zerodha:

• Annexure 1 (PDF).
• Death certificate - Original/Notarised/Online (link or screenshot).
• PAN or any other valid ID proof of the deceased attested by the notifier.
• Self-attested PAN or any other valid ID proof of the notifier.

The notifier(s) can be any individual, including nominee(s), joint holder(s), successor(s), legal heir(s), applicant(s) or claimant(s).

If the notifier's phone number is linked with Aadhar, they can fill out Annexure 1 (PDF), eSign it and send it along with the above-mentioned documents by creating a ticket. To learn the instructions to eSign, see How to eSign documents?

However, if the notifier's phone number isn't linked with Aadhar, they can courier these documents to the address below:

Zerodha,
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078

To notify and claim

The process to claim the shares and funds after the death of an account holder depends on the scenario of such a claim. The scenarios are as follows:

• The deceased’s account has no holdings and funds. See What is the procedure for a death claim if the deceased’s account has no holdings and funds?
• Death of one of the joint holders. See, What is the process to claim shares after a joint demat account holder's death?
• The account holder has appointed a nominee. See, How can a nominee claim shares after the account holder's death?
• The account holder has not added a nominee but has holdings:
  • If the holdings and funds value is equal to or less than ₹15 lakhs.
  • If the holdings and funds value is more than ₹15 lakhs.