How can I add or update the nominee in my NRI account?

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

  1. Download & print the FYERS Nomination Form
    Supports up to three nominees with percentage-based allocation.
  2. 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.
  3. Fill the guardian section for a minor nonimee
    Include guardian’s name, relationship, address/contact, and one accepted ID.
  4. Complete holder signatures
    Use wet signatures. For joint accounts, all holders must sign in the designated fields.
  5. Courier the documents to the FYERS Office
FYERS Securities Private Limited
225, 14th Cross Rd, 1st Block,
Rahmath Nagar, RT Nagar,
Bengaluru, Karnataka 560032.
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…

ScenarioSolution
I only want to change the percentage split among my existing nomineesSubmit a new Nomination Form with revised percentages totalling 100%; the latest instruction overrides the previous one.
My nominee doesn’t have PAN or AadhaarYou 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 signedThe request will be rejected; all holders must sign in the designated fields.
I need to add a minor as nomineeComplete the guardian section and provide an accepted guardian ID before couriering the form.
I want to replace an existing nomineeSend a fresh Nomination Form with the new nominee details; it replaces the earlier instruction after processing.

Last updated: 01 Dec 2025