How to Add Nominee in Angel Broking

In this blog, you will be able to know how are you supposed to add nominees in Angel Broking with the help of some simple steps.

How to Add Nominee in Angel Broking

Angel Broking is one of the leading stockbrokers in India, known for its user-friendly online trading platform. To ensure the smooth transition of your investments in the event of unforeseen circumstances, it's essential to nominate someone who will inherit your holdings. Adding a nominee to your Angel Broking account is a straightforward process that provides you with peace of mind. In this guide, we'll walk you through the steps to add a nominee to your Angel Broking account.

Why Nominate a Person in Your Angel Broking Account?

Adding a nominee to your Angel Broking account serves as a safety net. In the unfortunate event of your demise, the nominee will gain control of your investments without the complexities of legal procedures. Here's why you should consider nominating someone:

  • Quick Asset Transfer: A nominee can easily transfer your holdings, ensuring that your investments don't remain in limbo.
  • Legal Protection: Nomination eliminates potential disputes among family members and heirs, as the nominee's decision is legally binding.
  • Simplified Process: The nominee can initiate the asset transfer without the need for probate or a succession certificate, streamlining the process.

Now, let's delve into the step-by-step process of adding a nominee to your Angel Broking account:

Step 1: Log into Your Angel Broking Account

To begin, visit the Angel Broking website and log into your trading account using your User ID and password. Make sure you have a stable internet connection and a device that supports web browsing.

Step 2: Access the Profile Section

Once logged in, locate the 'Profile' or 'Account Settings' option on the main dashboard. This option is usually found in the top-right corner or in the account menu, depending on the platform's layout.

Step 3: Navigate to 'Nomination'

Within the 'Profile' or 'Account Settings' section, you should find an option for 'Nomination' or 'Add Nominee.' Click on this option to proceed.

Step 4: Provide Nominee Details

You will be prompted to enter the details of your nominee. Ensure you have the following information ready:

  • Nominee's Full Name
  • Nominee's Date of Birth
  • Nominee's Address
  • Nominee's Relationship with You

Fill in the required fields accurately. Double-check the information to avoid any discrepancies.

Step 5: Verify and Confirm

After entering the nominee's details, carefully review the information to make sure it's accurate. Any mistakes in this step can lead to complications in the future. Once you're certain that the information is correct, click on the 'Confirm' or 'Submit' button.

Step 6: Authenticate the Nomination

To validate the nomination, Angel Broking may ask you to enter an OTP (One-Time Password) sent to your registered mobile number or email address. This is an additional security measure to ensure that only authorized changes are made to your account.

Step 7: Nomination Acknowledgment

Upon successful verification, you will receive an acknowledgment or confirmation of the nomination. This confirmation may be sent to your registered email address or displayed on the screen. It's advisable to keep a copy of this acknowledgment for your records.


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