The nominee/legal heir/claimant should notify Jainam about the death of the Jainam account holder with a duly filled Notifier form.

The notifier/claimant should provide the required documents for claiming the shares in the demat account and funds in the trading account of the deceased account holder.

The process of claiming shares and funds after the death of an account holder depends on the case of such a claim. There could be multiple cases, such as:

• If the deceased account has holdings and has also appointed a nominee.
  
  
• If the deceased account has holdings and has not appointed any nominee:
  
  1. If the market value of holdings is up to ₹15 lakhs.
  2. If the market value of holdings is more than ₹15 lakhs.
     
     
• If the deceased is one of the joint account holders.
  
  
• If the deceased account has no holdings and funds.
  
  
• If the deceased account has no holdings but has some funds.