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  DEMAT SERVICES
  
TRANSMISSION
 

In the event of death of the sole holder, securities lying in the BO account of the deceased person held singly or jointly may pass on to Surviving Holders/Nominee/Legal Heir(s). However, in such event claimant should produce Documentation mentioned below:

Surviving Holder(s)/Nominee need to submit the documents mentioned below for transmission:
a) Succession certificate.
b) Letter of Administration.
c) Probate of the will of the deceased.
In the event of death of the sole holder without nominee, claimant should produce following documents:
a) Transmission Form.
b) Notarised or attested Death Certificate.
c) CLIENT MASTER LIST of DP account in the name of claimant
d) Any one of the following documents:
  • Succession Certificate OR
  • Probate of Will OR
  • Letter of Administration
  • If the claimant is unable to produce either of the documents and if the market value of the securities held in the account of the deceased not exceeds Rs.1 lakh, for processing of transmission request, claimant should submit following documents:

    a) Transmission Form
    b) Notarised or attested Death Certificate
    c) Letter of Indemnity
    d) An Affidavit
    e) No objection letter(s)