How can I add or update the nominee in my NRI account?
Adding or changing a nominee in a FYERS NRI Trading & Demat account is an offline process. Print, fill, and sign the FYERS Nomination Form, and courier the original to FYERS. You can add up to three nominees and allocate by percentage (must total 100%). If a nominee is a minor, include guardian details and ID.
Steps to add/update a nominee
Supports up to three nominees with percentage-based allocation.
Fill nominee details
For each nominee, enter name, relationship, address, contact (optional), and select one ID option: PAN, Aadhaar, bank account number, Demat ID, or photograph & signature.
Fill the guardian section for a minor nonimee
Include guardian’s name, relationship, address/contact, and one accepted ID.
Complete holder signatures
Use wet signatures. For joint accounts, all holders must sign in the designated fields.
Courier the documents to the FYERS Head Office
FYERS Securities Private Limited
901 & 902, 9th Floor, A Wing, Brigade Magnum
Amruthahalli, Kodigehalli Gate, Hebbal
Bangalore – 560092
Ensure your allocation totals 100%, complete all details clearly, get signatures that match FYERS records from all holders, and use a fresh Nomination Form for any addition or change.
What if…
| Scenario | Solution |
|---|
| I only want to change the percentage split among my existing nominees | Submit a new Nomination Form with revised percentages totalling 100%; the latest instruction overrides the previous one. |
| My nominee doesn’t have PAN or Aadhaar | You can use an alternate ID on the form (bank account number, Demat ID, or photograph & signature). |
| It’s a joint account and only one holder signed | The request will be rejected; all holders must sign in the designated fields. |
| I need to add a minor as nominee | Complete the guardian section and provide an accepted guardian ID before couriering the form. |
| I want to replace an existing nominee | Send a fresh Nomination Form with the new nominee details; it replaces the earlier instruction after processing. |
Last updated: 13 Nov 2025
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