Short answer
The nominee must submit the following documents for a death claim:
Annexure 1 (PDF)
Transmission Form 7.1 (PDF)
Death certificate of the deceased holder original/ notarized/attested by a gazetted officer
PAN or any other valid ID proof of the deceased attested by the notifier
Self-attested PAN of the nominee/s
A personalised cancelled cheque or a bank statement/passbook not older than 3 months of Nominee/s(If deceased a/c have positive ledger balance once)
CMR hard copy of the nominee(s) with DP seal and signature. If the nominee has an account with Arrow, then a CMR is not required
Courier the documents to:
iRage Customer Support Centre 192A 4th Floor, Kalyani Vista, 3rd Main Road, JP Nagar 4th Phase, Bengaluru, 560076
Things to keep in mind
Once iRage receives the valid documents, the transmission process will be completed within 7 days. There are no charges for the transmission process.
Lock-in shares will only be moved to the successor or the nominee’s NSDL demat accounts.
A photocopy of the death certificate can be considered if it is available on the government website. Clients can create a ticket to share the link where the death certificate can be viewed or downloaded.
The credit fund balance of the deceased will be transferred to the successor or nominee’s bank account mentioned in the CMR.
If the deceased has a debit balance, the successor/nominee must provide a cheque in the name of iRage Broking Services LLP
The deceased name should match the CMR and death certificate. If not, submit a name mismatch notarised affidavit.
The nominee’s name should match the CMR. If not, submit the Name mismatch notarised affidavit.
If the nominee/successor/legal heir is a minor, provide a guardian certificate to consider the guardian’s signature in the form. A guardian certificate is not required if a minor has an account with Arrow.
Related
- Browse more in transfer and conversion
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