How can a nominee claim shares after the account holder's death?

The nominee must submit the following documents for a death claim:

• Annexure 1 (PDF).
• Transmission Form 7.1 (PDF).
• Death certificate of the deceased holder original/ notarized/attested by a gazetted officer.
• PAN or any other valid ID proof of the deceased attested by the notifier.
• Self-attested PAN of the nomiee/s.
• A personalised cancelled cheque or a bank statement/passbook not older than 3 months of Nominee/s(If deceased a/c have positive ledger balance once)
• CMR hard copy of the nominee(s) with DP seal and signature. If the nominee has an account with Zerodha, then a CMR is not required.
  

Courier the documents to:

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

Did you know?

• Once Zerodha receives the valid documents, the transmission process will be completed within 7 days.
• Lock-in shares will only be moved to the successor or the nominee’s CDSL demat accounts.
• A photocopy of the death certificate can be considered if it is available on the government website. Clients can create a ticket to share the link where the death certificate can be viewed or downloaded.
• The credit fund balance of the deceased will be transferred to the successor or nominee’s bank account mentioned in the CMR.
• If the deceased has a debit balance, the successor/nominee must provide a cheque in the name of Zerodha Broking Ltd.
• The deceased name should match the CMR and death certificate. If not, submit a name mismatch notarised affidavit.
• The nominee's name should match the CMR. If not, submit the Name mismatch notarised affidavit.
• If the nominee/successor/legal heir is a minor, provide a guardian certificate to consider the guardian's signature in the form. A guardian certificate is not required if a minor has an account with Zerodha.
• The name of the deceased, as per Zerodha records, must match the name mentioned on the death certificate. If it does not, provide an affidavit on a stamp paper.
• The nominee's name on the deceased account must match the name recorded in the nominee's demat account. If it does not, provide an affidavit on stamp paper.