What is Nominee?
Nominee (also called nomination) — The person you designate to receive the securities in your demat account in the event of your death.
In simple terms
Adding a nominee to your demat account makes transmission to heirs simpler.
Why Nominee matters when you invest
Understanding nominee helps you make better-informed decisions when you invest and trade on ROAR by DP TradeKING. Open a free account to put it into practice — ₹0 delivery brokerage and zero-commission direct mutual funds.
Nominee — frequently asked questions
What is Nominee?
The person you designate to receive the securities in your demat account in the event of your death.
What does Nominee mean in the stock market?
The person you designate to receive the securities in your demat account in the event of your death. Adding a nominee to your demat account makes transmission to heirs simpler.
Can you give an example of Nominee?
Adding a nominee to your demat account makes transmission to heirs simpler.
Related terms
Put it into practice — open a free account.
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