Tag: demat account holder

Are you a demat account holder? Then you must add nominee details by September 30, 2023 to avoid your account being frozen for debits. As per a SEBI circular, it is now mandatory to nominate an individual for your demat account or explicitly opt out. Existing investors who have previously provided nomination information are exempt from resubmitting. In case you fail to submit the nomination details, or opt out of nominating anyone by September 30, your demat account will be frozen for debits, according to an ET report.Key...