Short answer
You can
if your mobile number is linked to your Aadhaar and you have not added a nominee earlier.
You can modify certain nominee details online or delete nominees offline by submitting the required forms to iRage.
Online
You can modify the following nominee details online:
Name change/correction
Date of birth (DOB) of the nominee
Address: You must submit ID proof of the nominee (Aadhaar or Driving Licence). If you submit Aadhaar, ensure you provide a masked Aadhaar
Relationship
Email ID (iRage doesn’t allow Rediffmail email registration due to security concerns and email delivery issues.)
Mobile number
If you need to change the nominee, modify details, or add any new details:
Download, print, and fill out the nominee form (PDF) and account modification form (PDF). Sample account modification form. (PDF).
Sign both forms (with a wet signature). Ensure your signature matches the signature provided while opening your Arrow account.
eSign both forms.
Create a ticket and attach both forms.
You cannot delete a nominee online. To delete or opt out of the nominee, you can follow the offline process:
Offline
If you want to remove your nominee:
Download and fill out the account modification form (PDF) and annexure 1B (PDF). Sample account modification form for nominee deletion (PDF).
Sign both forms. Ensure your signature matches the signature provided while opening your Arrow account.
Courier the forms to the address below.
Courier address:
iRage Customer Support Centre 192A 4th Floor, Kalyani Vista, 3rd Main Road, JP Nagar 4th Phase, Bengaluru, 560076
Things to keep in mind
iRage charges ₹25 + 18% GST for account modifications.
Ensure the nominees’ names match their documents to facilitate easier claims in adverse situations.
If iRage deactivates your account due to inactivity for 24 consecutive months and you do not fill out Re-KYC within 30 days, iRage sends an email to your nominee.
If your nominee is a minor, provide the guardian’s details and ID proof. You cannot add the account holder as the nominee’s guardian.
Your nominee applies to your trading and demat account, including mutual fund investments through Arrow.
Joint account holders can only add nominees offline.
NRIs can add nominees online if their Aadhaar is linked to their active mobile number.
You cannot add charitable trusts as nominees.
Dormant account holders must reactivate their account before modifying or changing a nominee.
Related
- Browse more in nomination
- Open account: kyc.arrow.trade
- Trade on Arrow: app.arrow.trade
- Support: support@arrow.trade