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What is the process and required documents for deleting the name of a deceased holder from a joint Demat account? 1st Holder (Primary) Demise
| Joint Demat & Trading Account (DeathCases) | |
| Case 1: 1st Holder (Primary) Demise |
| Step | Action | What You Need to Do | Why It’s Required | Document list |
| 1 | Inform to Arihant Capital (DP/Broker) | Submit death intimation + death certificate | Officially notify death | Death Certificate & Intimation of demise information Form &PAN Aadhaar of Decised holder with the signature of Survivor |
| 2 | Close Trading Account | Submit Trading account closure request | Trading account is only in 1st holder’s name, so it cannot continue | Closer request form |
| 3 | Open New Trading Account | Survivor opens new trading account in their own name | To enable future buying/selling | Account opening form +PAN+Aadhaar (POA/POI) +Bank Proof |
| 4 | Modify Demat Account | Submit name deletion request | Remove deceased 1st holder | Name deletion request (NSDL) & Name deletion request (CDSL) |
| 5 | Link Accounts | Link new trading account with updated Demat | To resume trading | |
| 6 | Extra (if applicable) | Submit NOC (₹100 stamp paper) if transactions happened after death | Legal confirmation | NOC |
| 7 | Common Modification form | Fill all the details to be Modified/updated in demat Part | To confirm changes on the demat Part | CDSL CMF & NSDL CMF |
Result
Demat continues in survivor’s name
✔ New trading account created
✔ Old trading account closed
Note
If the second holder already has a trading account with Arihant, there is no need to open a new trading account. The existing trading account can be linked to the updated Demat account after the deceased holder’s name is removed.
Based on your requirement, the updated Demat account can be mapped either as a primary or secondary account. This can be done under POA (Power of Attorney) or Non-POA setup. However, POA can be registered with only one trading account at a time.
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