How do I add a nominee to my Zerodha demat account?
In case an individual is opening an account using the online process, it would be assumed that the individual has temporarily chosen not to nominate a nominee.
In case the individual wishes to nominate a person, he or she would have to fill out a Nomination Form and courier it to our head office address.
It's important to note that the nomination will be applicable to your trading + demat account. Since the nominee will be added to your demat account, the same nomination will be applicable to your Coin (mutual funds) holdings as well.
Note: If you want to change the nominee after you have already opened your account and nominated someone, you will be charged Rs 25+18% GST. For this, you will have to send the hard copies of the nomination form along with the Account Modification form.