When a Demat account has a Joint Holder, the Joint Holder becomes the default owner of the securities in the account in the event of death of the other holder, in such cases in order to transfer the shares in your account, we request you to share the following documents at the nearest Axis Bank Branch or courier them to the address mentioned below after obtaining the In-Person Verification (IPV) and Original Seen Verification (OSV) at the mailing address mentioned below:

If you are filing a claim within one year of dey of death:

1. Name deletion of Joint holder/s Transmission form (Click Here Here to download)

2. KRA Registration Form (Duly filled & Signed by the Claimant) ( For RI customers the KRA from is included in the Name Deletion From for NRI cusstomers a seperate KRA form would be required – Click Here to download the form)

3. One photograph of all the claimants in case of multiple Joint holders

4. Original or Notarized Death certificate (Should be Notarized by a Gazetted officer or by a Notary Public)

5. Self Attested PAN card and Address Proof Copy of the Legal Heirs/Claimants

If you are filing a claim the shares after one year of dey of death:

1. Transmission Form (NSDL:Click Here Here to download
CDSL:Click Here Here to download)

2. KRA Registration Form (Duly filled & Signed by the Claimant) ( For RI customers the KRA from is included in the Name Deletion From for NRI cusstomers a seperate KRA form would be required – Click Here to download the form)

3. One photograph of all the claimants in case of multiple Joint holders

4. Original or Notarized Death certificate (Should be Notarized by a Gazetted officer or by a Notary Public)

5. Self Attested PAN card and Address Proof Copy of the Legal Heirs/Claimants

6. CML for target account and the deceased account generated from the NSDL/CDSL system, signed and stamped by the issuing Depository Participant required

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.

Please Note:

If any transaction is done on the account post the day of death: As separate Trade Indemnity Bond (Annexure IE) would be required if there are any transactions made in the account post the day of death for all cases 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.

Once we receive the documents the Transmission process will be completed in 7 working days if no rejections found.

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