How to add nominee in Paytm money demat account?

Adding an authorised representative for the demat account is now required by law. Therefore, all demat account holders must add one or more nominees to their respective accounts.

Paytm Money also provides a feature to add a proxy where you can specify a person's name and other important details as a proxy. This ensures smooth transfer of assets in case of unforeseen circumstances.

Nominees can be added in the Paytm Money app under the "Shares" section.

The "Nominee" option can be found in the account details under the "Accounts" tab.

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