Nominee Nominee

How can I add nominees to my Lakshmishree trading and demat account?

You can easily add nominees to your Lakshmishree trading and demat account by visiting the official Lakshmishree website and using the Re-KYC option.

Is the nomination service free of charge?

Yes, adding a nominee to your Lakshmishree trading and demat account is completely Free.

How many nominees can I add to my account?

As per SEBI guidelines, you can add up to Three Nominees to your Lakshmishree (Shree Varahi) trading and demat account.

What information is required to add a nominee?

To add a nominee to your Lakshmishree account, you need to provide the following details:

Can I add a minor (someone below 18 years of age) as my nominee?

Yes, you can add a Minor as a nominee to your Lakshmishree trading and demat account.

Do I need to provide any documents for the nominee?

Yes, while adding a nominee to your Lakshmishree trading and demat account, you are required to provide proof of identity of the nominee.

How can I confirm that my nomination has been successfully registered?

Once you complete the nomination process, including verifying your Aadhaar number through OTP authentication,

Is there a fee for modifying a nomination?

No, there is No Fee for modifying or updating a nominee in your Lakshmishree trading and demat account.

The address field does not accept the number at the start of my address. How can I resolve this?

While filling in the nominee’s address, if you encounter an issue where the system does not accept numbers at the beginning of the address,