What is the transmission procedure in the case of the death of one/more joint holders?

In the event of the death of one or more joint holders, funds and securities are transferred to the surviving holders (if any), /through Name deletion process to delete the deceased account holder(s) and continue to maintain the account in the sole or joint surviving names in the same order, irrespective of the nomination made. 
 
For example, an account is held jointly by A, B, and C. In the event of the death of B, the funds and securities will be transferred to the surviving holders—A & C.

The surviving holders will be required to :

Sl No.Requirements
1.Open a new demat account in the surviving holder(s) name(s).
If they have a joint Demat account with another broker, a signed DP Client Master List (with the broker seal) can be submitted to transfer balances to that account.
2.Clear AMC and dues (if any).
3.Submit the following documents:
i. Transmission Form - NSDL CDSL
ii. Self-attested copy of PAN
iii.  Copy of the death certificate attested by notary/gazetted officer/claimant subject to verification with the original /death certificate downloaded from the online portal of Government carrying digital/facsimile signature of the issuing authority
iv. Holding Statement signed by the claimants (surviving holders)
iv. Holding Statement signed by the claimants (surviving holders)

If there aren't any surviving holders, the funds and securities will be transferred as per the nomination made in the account. Learn more about the transmission process.

The Name Deletion in a joint account will require the submission of the following documents:
 
Sl. No.
Requirements
1
Request for Name Deletion form - NSDL CDSL
2
Copy of the death certificate attested by notary/gazette officer/claimant subject to verification with the original death certificate downloaded from the online portal of Government carrying digital/facsimile signature of the issuing authority
3
Self-attested copy of PAN
4
Proof of Address (In case of death of First Holder)
5
Bank proof (In case of death of First Holder)
6
Nomination/Nomination Opt-Out to be selected in Holder deletion form
7
Nomination form to be submitted for accounts without nomination
8
Change Request Form to be submitted for change in residential address, mobile no., email ID, bank details, etc., with supporting documents.
9
Written request for DIS Issuance & Cancellation of old slips with supporting document by the survivor
10
DDPI agreement to be signed by the survivor
11
Notifier intimation & Due Diligence form to be signed by the survivor
12
Holding Statement signed by the claimants (surviving holders)
13
Clear AMC and dues (if any)....................................................................


Please contact your branch, or our customer care line for any assistance.

Sl No.	Requirements
1.	Open a new demat account in the surviving holder(s) name(s). If they have a joint Demat account with another broker, a signed DP Client Master List (with the broker seal) can be submitted to transfer balances to that account.
2.	Clear AMC and dues (if any).
3.	Submit the following documents: i. Transmission Form - NSDL CDSL ii. Self-attested copy of PAN iii. Copy of the death certificate attested by notary/gazetted officer/claimant subject to verification with the original /death certificate downloaded from the online portal of Government carrying digital/facsimile signature of the issuing authority iv. Holding Statement signed by the claimants (surviving holders) iv. Holding Statement signed by the claimants (surviving holders)

Still need help? Create Ticket

Sl. No.	Requirements
1	Request for Name Deletion form - NSDL CDSL
2	Copy of the death certificate attested by notary/gazette officer/claimant subject to verification with the original death certificate downloaded from the online portal of Government carrying digital/facsimile signature of the issuing authority
3	Self-attested copy of PAN
4	Proof of Address (In case of death of First Holder)
5	Bank proof (In case of death of First Holder)
6	Nomination/Nomination Opt-Out to be selected in Holder deletion form
7	Nomination form to be submitted for accounts without nomination
8	Change Request Form to be submitted for change in residential address, mobile no., email ID, bank details, etc., with supporting documents.
9	Written request for DIS Issuance & Cancellation of old slips with supporting document by the survivor
10	DDPI agreement to be signed by the survivor
11	Notifier intimation & Due Diligence form to be signed by the survivor
12	Holding Statement signed by the claimants (surviving holders)
13	Clear AMC and dues (if any)....................................................................