In order to update/ change of nominee in your Demat account, the account holder/s, nominee and two witnesses must sign this form and the name, address and photograph of the nominee must be submitted. In case of joint holders, all joint holders must sign send the documents at our mailing address mentioned below with proper format as per guidelines: Mailing address: Basan Equity Broking Ltd,3-6-196/197 2nd Floor Prime Plaza, Above WoodLand Showroom, Himayathnagar, Hyderabad -500029. On receipt of the documents, nominee will be updated in your demat account in 2 working days, if no rejections found.
For any Additional Information Please contact us 080 – 68 24 84 94.
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KYC is one time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.