- 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.
The following documents must be submitted by the successor or the nominee for a death claim if the deceased’s account has no holdings and funds:- Duly filled Notifier form
- Account closure form (PDF)
- Self-attested copy of the claimant's Aadhar card or passport or driving license or election card.
- Self-attested copy of the PAN of the successor or the nominee.
- Self-attested copy of the claimant's Aadhar card, passport, driving license, or election card.
- Courier the documents to:
Jainam House
New Passport Office Road,
Kargil Chowk, Piplod,
Surat-395007 - 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?
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