You see the error Nominee addition cannot be processed online for your account. Please initiate request offline if you have a joint account, non-individual account or do not have a demat account with Zerodha.
For joint accounts
To add a nominee to a joint account, all the account holders must sign the nomination form (PDF) and courier it to:
Zerodha Customer Support Centre
#192A, 4th Floor, Kalyani Vista
3rd Main Road, JP Nagar 4th Phase
Bengaluru 560076
You can refer to the sample copy of the nomination form (PDF).
For non-individual accounts
As per the CDSL guidelines (PDF), the nomination facility is available only for individual demat accounts. Therefore, non-individual account holders cannot add a nominee.
Clients who do not have a demat account with Zerodha cannot add a nominee.
Things to keep in mind
- Your nominees' names must match their documents to facilitate easier claims in adverse situations.
- If your nominee is a minor, mention the guardian's details and provide ID proof of the guardian. You cannot add the account holder as the nominee's guardian.
- If you have a minor account, you cannot add the guardian as the nominee.
- Your nominee would apply to your trading and demat account, including mutual fund investments made through Coin.