Must add nominee in demat account by 31st December, the method is very easy; Work can be done sitting at home
The last date to update nominee details in the demat account is 31st December. If you have not yet filled the nominee details in your account, then your account can be frozen. Once the account is frozen, you will not be able to do any kind of transaction with it. Here we are giving you information about adding nominee details to the demat account.
The last date to add a nominee to the demat account is 31st December. If you have not yet updated the nominee details in your account, then add the nominee's name to the account by the end of December. Failure to do so may result in your demat account being frozen. Today we are giving you detailed information about the process of adding a nominee to a demat account.
Security Exchange Board of India (SEBI) has kept December 31 as the last date for adding nominees to the Demat account. If you have not added nominees to your account then do so before the last date. As we mentioned above, accounts that do not do so will be frozen.
Market regulatory agency SEBI has also issued instructions to physical security holders to update information like PAN, nomination and KYC details by December 31.
