How to Add Nominee in Groww?
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Adding Nominee in Groww is very easy but at the same time it is important also because at the time of investment in Mutual Funds or stocks, only one can authorize a person to whom the mutual funds or stocks will be transferred in the event of their death, this person called a nominee. Learn how to add Nominee is Groww in this blog.
To add a nominee you need to do KYC first and have details of the nominee's full name, date of birth, and if the nominee is a minor or a guardian's details which will also be required, or if have a relationship with the nominee such as parents, spouse, siblings, etc, and address.
Steps on How to Add Nominee in Groww
Here are the steps on how to add a nominee in Groww:
- Open the Groww app.
- Tap on the Profile icon.
- Tap on the Account Details.
- Click on the Add nominees.
- Enter all such details, and then save the details.
Conclusion
In conclusion, adding a nominee in this app is very easy and important, because we don’t know when this service will help the holder and their nominees. As it ensures the security of the investor investment. So you can safeguard your wealth for your loved ones. So we hope our blog on How to add nominees in Groww is helpful.
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