What is the procedure for a death claim if the deceased account has no holdings and no funds?
What is the procedure for a death claim if the deceased account has no holdings and no funds? |
As the deceased account has no holdings, there will be no transmission of securities. As there are no funds in the trading account, there will be no procedure related to the transfer of funds, and only the account of the deceased needs to be closed.
Courier the documents to: To know more about how to claim if there is funds in the trading account and no funds in the demat account, see, What is the procedure for a death claim if the deceased account has no holdings but have some funds? |