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Updating Your Demat & Trading Account

Nominee, bank account, contact details, address, name, off-market transfers and closure — what each request needs. General information.

Details in your trading and demat account must match your current records, or payouts, alerts and corporate benefits can go astray. Most changes need a signed modification request and a supporting proof. Forms are in the Download Center; you can also raise a request on the support page and track it there.

Add or change a nominee

Submit the nomination form with the nominee’s name, relationship and share. You can name more than one nominee with percentage shares, and change them at any time. Background: nomination rules.

Change the linked bank account

Submit the modification request with proof of the new account — a cancelled cheque with your name printed, or a recent bank statement. Payouts move to the new account once it is verified. Funds are accepted only from bank accounts registered with us; see fund transfer.

Update mobile number or email

These are where your OTPs, contract notes and depository alerts go, so keep them your own. Submit the modification request; a verification OTP or call confirms the new contact.

Change of address

Submit the request with a valid address proof (for example Aadhaar, passport or a recent utility bill). If your address was updated in Aadhaar, an Aadhaar-based re-KYC is usually the quickest route.

Change of name or signature

Name changes need supporting proof such as a marriage certificate or gazette notification, plus updated PAN. A signature change usually needs in-person or bank-attested verification.

Off-market transfer

To move securities to another demat account outside the exchange — for example a gift to a family member — you submit a Delivery Instruction Slip (DIS) or use the depository’s online facility, stating the reason for transfer. Stamp duty may apply, and gifts can have tax implications; consult a tax professional.

Account closure

Submit the closure form after transferring or selling holdings and clearing any dues. Remaining securities can be moved to another demat account in your name as part of closure.

Related guides

Transmission of shares · Demat account types · Consolidated account statement (CAS) · Physical to demat

Please note: This page is general information to help you prepare. Requirements are set by SEBI, the depositories and the exchanges and can change; the exact documents for your case are confirmed by our team at the time of the request. PCJ Holdings Pvt. Ltd. — SEBI-registered stock broker (INZ000068536) and NSDL depository participant (IN-DP-279-2016).

Frequently asked questions

How do I change the bank account linked to my demat account?

Submit a modification request with proof of the new account, such as a cancelled cheque with your name printed or a recent bank statement. The change takes effect after verification.

How do I add a nominee to my demat account?

Submit the nomination form with the nominee's details and share. More than one nominee can be named, and the nomination can be changed at any time.

What is an off-market transfer?

A transfer of securities between two demat accounts outside the stock exchange, done through a Delivery Instruction Slip or the depository's online facility, for example to gift shares to a family member.

How long does a modification take?

It depends on the request and verification. You can raise the request on our support page and track its status there.