Yes, Angel One offers nominee registration for Demat accounts. You can add a nominee to your Demat account so that your investments can be transferred smoothly to them in case of any unforeseen event.
How to Add a Nominee in Angel One Demat Account?
You can add a nominee easily through the Angel One mobile app. Just log in, go to your profile, select 'Personal Details', then 'Nominee'. Fill in the nominee's information and submit. You can also eSign the request with your Aadhaar details for faster processing.
Can You Have Multiple Nominees?
Yes, Angel One allows you to register up to three nominees on your Demat account. You can allocate the percentage share among nominees as you wish, but the total must add up to 100%.
How to Update or Delete Nominee Details?
If you want to update or delete nominee details, you can do it anytime through the Angel One app. Simply log in, go to the nominee section, make the changes, and eSign the request. This process usually completes within a few working days.
Why Is Nominee Registration Important?
Nominee registration ensures that your investments are transferred to your chosen person without legal hassles in case something happens to you. It protects your family and loved ones and makes the process of transferring assets easier and faster.
How Long Does It Take to Process Nominee Registration?
After submitting the nominee details and completing the eSign process, Angel One generally processes the request within 4 to 6 working days. You will receive confirmation once the nominee registration is successful.
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