What is the procedure in case of Single Holder Account, if nominee is mapped?

• A Demat account in the name of nominee alone has to be opened (If not already opened).

If nominee already has an account, the nominee in that account should not be the deceased BO, if so, nominee needs to be changed.

• The Ledger balances in all the segments of clients’ account should be zero.
• There should be no shares in collateral or debit stock.
• Submit Transmission-cum-Closure Form  along with below documents:

1. Client Master Report (CMR) of the nominee’s Demat account, duly stamped & signed by his/her DP.

2. Original or Notarized copy of the Death certificate of the deceased holder.

3. Latest Holding statement duly signed by the Nominee.
4. PAN copy of the Nominee, duly signed.

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