You can add a nominee by submitting a duly filled and signed physical nomination form at the nearest Demat-enabled ICICI Bank branch.

If your Demat account has multiple holders, all holders must sign the form.

No, non-individual entities such as societies, trusts, corporate bodies, partnership firms, Hindu Undivided Families (HUFs), and holders of Power of Attorney cannot add nominees.

A nominee can be a person who will be a legal heir of your investments in case of any unpredicted event.

You may nominate your parents, spouse, siblings, children, or any other individual.

Non-individuals (like companies or institutions) cannot be nominated.

The term 'nominee’ refers to a person designated by the holder of the Demat account to inherit the securities and holdings in case of any unpredicted event. The nominee is the legal beneficiary in this case.

Nomination simplifies the transfer of securities and eliminates the need for legal proceedings, such as succession certificates, etc.

No. There are no charges for adding or updating nominee details in your ICICI Direct account.

If you don’t nominate anyone, transferring your assets may become complicated, requiring legal documents such as a succession certificate or probate, which can be time-consuming and costly.

Updating your nominee helps:

• Ensure smooth transfer of assets

• Avoid family disputes

• Save time and legal costs

• Provide peace of mind for you and your family

It is also important to update/change the nominee in the Demat account periodically if there are events such as marriage, divorce, birth of a child, or loss of a nominee.

Yes. As per SEBI guidelines, it is mandatory to either add a nominee or opt out of nomination in your Demat account.

You received the email because SEBI now requires all Demat account holders to declare their nomination preference by adding a nominee.

No. For joint accounts, all holders must give consent. Hence, online nomination is not available.

You must visit the nearest Demat-enabled ICICI Bank branch to add or update your nominee.

Yes, as per regulatory requirements, you must provide the nominee’s email ID, mobile number, and proof of identity.

Yes, you can nominate a minor as your nominee. However, when nominating a minor, you are required to provide the following additional information:

1. Name of the minor

2. Date of birth of the minor

3. Address of the minor

4. Name of the guardian

5. Date of birth of the guardian

6. Address of the guardian

Note: The account holder, nominee, and guardian cannot be the same person.

You can easily add a nominee through the ICICI Direct All-in-One App by following these steps:

1. Log in to the ICICI Direct All-in-One App

2. Tap on the Menu

3. Select ‘At Your Service’

4. Tap on ‘Nominee Detail’

5. Enter the nominee details (you can add up to 3 nominees)

6. Click on Submit

Your nominee details will be updated instantly in your Trading account and within one working day in your Demat account.

Yes. You can appoint up to three nominees for your Demat account.

If you add multiple nominees, specify the percentage share for each.

You must also provide a unique mobile number, email ID, and proof of identity for each nominee.

1. Log in to your ICICI Direct trading account.

2. Go to the 'My Account' section.

3. Look for the 'Personal details' option and click on it.

4. Select the 'Trading Nominee' option.

5. You will see the current nominee details listed. Click on the 'Remove Nominee' button.

6. Confirm the removal when prompted.

Review and submit the request to remove the nominee.