In case of death of the sole holder, the nominee/s can claim the securities by submitting the following documents at any of the nearest Axis Bank branch after obtaining an In-Person Verification (IPV) & Original Seen Verification stamp on the copies from the branch personnel, you can also courier the documents to the mailing address given below:
1) Transmission Form (NSDL: Click Here to download CDSL: Click Here to download)
2) Original or Notarized Death certificate (Should be Notarized by a Gazetted officer or by a Notary Public)
3) Self Attested PAN card and Address Proof Copy of all the Nominees in case of multiple nominees
4) Client Master List/Report (CML/CMR) signed and stamped by the issuing Depository Participant (Target Account and Deceased) only with NSDL or CDSL Logo
Mailing Address:
Axis Securities Ltd.
Unit No. 1001, 10th Floor, Level – 6,
Plot No. 4/TTC, Q2 Building,
Aurum Q Parc,
Thane Belapur Road,
Ghansoli, Navi Mumbai-400710
Once we receive the documents the Transmission process will be completed in 7 working days if no rejections found.
Please Note:A Nominee Indemnity Bond would be required if the account was opened before 03-01-2009 & if the holding value is above greater than or equal to 15lacs for accounts with Nomination made on a non-judicial stamp paper of Rs.500/- from all the legal heir(s) / claimant(s) to whom the securities are transmitted duly verified by a Magistrate / Notary & it should be in the favour of Axis Securities. In cases where there is a name mismatch between the DP records and documents of claimant/deceased, it is mandatory to submit a name mismatch affidavit on Rs. 100 stamp paper.
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