Can an NRI be added as a nominee to a resident Zerodha account?
As per the SEBI circular (WEB), the deadline for providing the choice of nomination details has been extended to September 30, 2023. Due to the high volume of requests, processing nominee addition requests may take up to 5 days.
Yes, an NRI can be added as a nominee to a resident Zerodha account. To add an NRI as a nominee, the NRI's address and mobile number must be Indian. Clients are not required to provide address proof while adding a nominee. To learn how to add nominee(s) online, see How to add a nominee to the Zerodha account online?
Did you know? A resident can also be added as a nominee to an NRI Zerodha account.