Process to change or add Nominee in your 5paisa Demat account

Process to change or add Nominee in your 5paisa Demat account

As per the SEBI circular, investor has to mandatorily provide nomination or opt out consent on or before 30th September 2023 to avoid impact on financial transactions. 

We have stopped accepting offline requests starting on 28th Sept 2022. 

Login to 5paisa web or Mobile App and update nomination details or opt out. 

From now onwards, to opting out/changing/adding a nominee you need to follow an online process.

Please follow the below steps to navigate to Nominee Details- 

Through the App: Login to 5paisa.com >> User (At bottom) >> My Profile >> On top right Click on Manage >> Nominee Details >> Add/Update Nominee or Opt-Out >> E-sign





Through Web: 
Login to 5paisa.com >> On top right Click on Profile Icon >> Profile >> My Profile >> Nominee Details >> Add/Update Nominee or Opt-Out >> E-sign