Yes. As per SEBI’s latest guidelines, Nomination and Declaration is mandatory for all the users on or before 31st March 2023. At Fyers following steps you need to perform:
- Go to the My Account portal. Select 'Online Nomination', and click on 'Proceed to Submit' (If you do not get a pop-up, you can go to the Account Details to update the nominee).
- Select the option ‘I wish to Nominate’
- Enter all the required details along with true identification proof. (Max 3 nomination as applicable). Enter submit after filling all the fields.
- On submitting, the E-digio sign screen will come. Click ‘Always Allow’ and ‘Done’ if missing the e sign pop up.
- Click on ‘Proceed to E sign’ and complete the procedure via Aadhar OTP.
- Nomination details will update Within 7 working days.