{"id":208913,"date":"2026-08-18T10:38:07","date_gmt":"2026-08-18T05:08:07","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=208913"},"modified":"2026-08-18T10:38:08","modified_gmt":"2026-08-18T05:08:08","slug":"change-nominee-in-demat-account-india-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/change-nominee-in-demat-account-india-2026\/","title":{"rendered":"Can You Change or Cancel a Nominee in a Demat Account? Process, Forms and Key Rules"},"content":{"rendered":"
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You can change nominee in demat account through your DP’s online portal or by submitting an offline form. For joint accounts, all holders must consent. Last checked: August 2026.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Yes, you can change nominee in demat account at any time by submitting a fresh nomination instruction to your depository participant. The new nomination replaces the old one from the date it is processed. To change nominee in demat account online, you need OTP authentication on your registered mobile number. For joint accounts, all holders must consent before any change nominee in demat account request is accepted. Cancellation (opt-out) is also possible but requires a signed opt-out declaration rather than simply removing the nominee’s name.<\/p>\n<\/div>\n

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