{"id":13133,"date":"2023-03-21T23:36:36","date_gmt":"2023-03-21T18:06:36","guid":{"rendered":"https:\/\/localhost:4433\/wordpress\/?p=13133"},"modified":"2023-04-22T15:52:02","modified_gmt":"2023-04-22T10:22:02","slug":"add-nominee-to-your-demat-account-before-march-31-2023","status":"publish","type":"post","link":"https:\/\/localhost:4433\/wordpress\/add-nominee-to-your-demat-account-before-march-31-2023\/","title":{"rendered":"\ud83d\udcc8 Add Nominee to Your Demat Account Before March 31, 2023 to Avoid Account Freeze \ud83d\udea8\ud83d\udcb8"},"content":{"rendered":"\n

Do you have a demat account<\/strong> with Upstox, Zerodha, AngelOne, or any other stock broker? If Yes, this could be important for you.<\/strong><\/p>\n\n\n\n

If you are an investor or Trader<\/strong> and you do not have a nominee to your demat account <\/strong>as of March 31, 2023<\/strong>, your trading and demat accounts will be frozen. <\/strong>All Demat and trading account holders are required by the Securities and Exchange Board of India (SEBI) to choose a nominee by March 31, 2023. <\/strong>In the event that investors miss the deadline, their Demat account will be frozen. Previously, the last date<\/strong> for submitting nominations was March 31, 2022.<\/strong> The deadline was later extended by SEBI by one year. <\/strong>Investors who have already Submitted nomination <\/strong>details to their Stock Broker are not required to resubmit the nomination details.<\/strong><\/p>\n\n\n\n

For new investors who want to Open a new trading and Demat account<\/a><\/strong>, a declaration form will let them choose whether to make a nomination or not. <\/strong>Also, no witnesses will be needed to file the nomination for trading and Demat accounts if the account holder signs the form in person.<\/p>\n\n\n\n

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