Payments, Fintech & Accounts

What is a nominee and how do I add one to my investment account?

A nominee is the person you designate to receive the assets in your investment account in the event of your death. Adding a nominee ensures the account's holdings can be transferred to a known individual rather than being held up, simplifying succession for your family. For example, during account setup or in your profile settings you typically enter the nominee's name, relationship, and details, and may allocate shares among multiple nominees. The process is usually done online through the platform's account or KYC section, and you can update the nominee later.