How to Add Nominee in Zerodha? Online & Offline

author Vaishnavi Content Writer

If you are an account holder in Zarodha, adding a nominee to your account is highly suggested. It helps in the smooth transfer of accounts in case of adversity. 

Today, I will tell you the complete process for how to add nominee in Zerodha. You can either do it online or offline, as per your convenience. In this article, you will also learn some Points to Remember While Adding a Nominee to your Zerodha account.  

Zerodha is India's 2nd largest broker company, with over 10 million active customers. It also has an official app, “Kite”, where around two crore orders are placed every day. Let’s know more about Zerodha and its process to add nominee.

You may also read: How to apply for IPO in Zerodha?

how to add nominee in Zerodha

What is Zerodha? 

Zerodha Broking Ltd. is an Indian stockbroker and financial service company registered with the National Stock Exchange of India (NSE), Bombay Stock Exchange (BSE), and the Multi Commodity Exchange (MCX). It offers many services, including institutional and retail brokerage, mutual funds, currency and commodity trading, and bonds. Zerodha was launched in 2010 by two brothers, Nithin Kamath and Nikhil Kamath. The word Zerodha is actually a combination of two different words - Zero and Rodha (translates to ‘barrier’ in Sanskrit). The company has an active client base of over 75 lakh customers registered with NSE, as per the 2024 data. It is currently the 2nd largest broker company in India after Groww. 

How to Add Nominee in Zerodha Online? 

If your mobile number is linked to your Aadhaar, you can add nominee(s) to your Zerodha account. You can complete the procedure online by following the steps. 

  • Open “console.zerodha.com” on the browser and log in to your account. 

  • Click on ‘Account’. 

  • Now, click on ‘Nominees’. 

  • Tap on ‘Add Nominee’. You can add upto 3 nominees to your account. 

  • Enter the nominee details. 

  • If only one nominee is added, select the share percentage as 100%. If multiple nominees are added, select the percentage accordingly. 

  • Click on ‘Continue’. 

  • Agree to the terms and conditions and tap on ‘Next’. 

  • Click on ‘Sign Now’.

  • You will be asked to first agree to the terms and conditions. Check the box. 

  • Now, enter the Aadhaar number of the account holder. 

  • Click on ‘Send OTP’.

  • Enter the OTP and click on ‘Verify OTP’.

  • An email notification will be sent to the account holder. 

  • The nominee(s) will be added to the account within 5 working days. 

How to Add Nominee in Zerodha Offline?

You can not add nominee(s) to your Zerodha account online if your mobile number is not linked to your Aadhaar. But worry not, I will tell you how to add nominee in Zerodha offline. The process is quite simple: First, download the PDF of the Nomination form, which you will find on the Zerodha website. Then, fill out the form with all the details. You can add upto 3 nominees to your account. Lastly, courier the Nomination form to this address - 

Zerodha,

153/154, 4th Cross, J.P Nagar 4th Phase,

Opp. Clarence Public School,

Bengaluru - 560078

If you already have a nominee added to your Zerodha account and want to add another nominee(s), you have to fill out two different forms. One is the “Account Modification form”, and the other is the “Nominee form”, both of which you will find on the Zerodha website. 

  • In the Account Modification form - Mention the existing nominee under the ‘Existing details’ section. And mention both existing nominee(s) and new nominee(s) under the ‘New details’ section. 

  • Fill out the Nominee form as mentioned in the above section. 

How to Update Nominee Details in Zerodha Account? 

There are two ways to update the nominee details in your Zerodha account - online and offline. Let’s first look at the details, which you can edit or update online. 

  • Date of Birth (DOB) of the nominee 

  • Mobile number

  • Email address 

  • Relationship of the nominee with the account holder

  • Address of the nominee. For this, you will need the address proof of the nominee, like Aadhaar card, voter ID, driving license, etc. 

You have to raise a ticket (request help) from the Zerodha app or website, using both the Nominee form and the eSigned Account Modification form. 

Now, let’s see how you can modify the nominee details offline. The details will be updated within 5 working days. 

  • If you wish to change the details of the existing nominee, you have to courier the Nominee form and Account Modification form to Zerodha. 

  • If you wish to remove a nominee from your account, you have to courier the Signed Account Modification form and Annexure 1B. 

  • The address to courier the forms is already given above. 

Check out: Best Telegram channels for stock market

Points to Remember While Adding a Nominee! 

  • The nominee’s full name should match their verification documents to facilitate easier claims in adverse situations. 

  • Non-individual accounts on Zerodha can not have a nominee. 

  • If the nominee is a minor, the details of the guardian must be mentioned. The account holder can not be added as the nominee's guardian.  

  • Joint account holders can only add nominee(s) offline and not online. 

  • Charitable trusts can not be added as a nominee to an account. 

  • For the minor accounts, the guardian can not be added as a nominee. 

  • NRIs can add their nominee(s) online if their active mobile number is linked to their Aadhaar. 

  • The nominee(s) can apply to the trading and demat account, including mutual fund investments made through Coin. 

  • If the account holder has not completed Re-KYC, an email notification will be send to the nominee(s). 

Do You Know? 

  • Who are the Zerodha founders? 

Zerodha is founded by two brothers, Nithin Kamath and Nikhil Kamath. 

  • Is there any Zerodha app?

Zerodha has its official app, Kite. You can download the app from the Play Store. 

  • What is Zerodha customer care number for assistance and to raise tickets? 

Customer Care Support number:  080-4718-1888, 080-4718-1999

Timings: 8:30 AM to 5:00 PM (Monday-Friday), 9:00 AM to 2:00 PM (Saturday) 

  • What is Zerodha customer care email address? 

Email address: [email protected]

Working Hours: 10 AM - 5 PM

Ending Note 

The trading platform Zerodha highly recommends that account holders add nominees to their accounts. It helps ensure the seamless succession of the account in times of adversity. You have already learnt about the online and offline procedure on “How to add nominee in Zerodha”. If your mobile number is not linked to your Aadhaar, you can also link it first and then use the online process to apply for nomination. 

Questions You May Have 

Q. How do I add a nominee to my Zerodha demat account?

Ans. Go to “console.zerodha.com” and log in to your account. There, you can add upto 3 nominees to your Zerodha account. 

Q. Is adding nominees mandatory in Zerodha?

Ans. Adding a nominee to your Zerodha account is not mandatory but highly recommended. 

Q. How can I add my demat nominee online?

Ans. Login to your demat account, and in the Account Settings, you can add nominee(s) to your account. 

Q. How to add nominee in Zerodha offline? 

Ans. You have to courier the Nomination form to Zerodha company’s address. 

About Author

author

Vaishnavi

Content Writer

Coffee lover and a little writer, who believes in unicorns.

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