SEBI’s Nomination Rules from 1 September 2026: Your Existing Demat Account Is Not Freezing, and Here Is What Actually Changed
From 1 September 2026 a new single-holder demat account or mutual-fund folio must carry a nomination or a recorded opt-out. Existing accounts get reminders, not a freeze; the freeze rule was withdrawn in June 2024. Up to three nominees, only name and relationship mandatory, no witness for a signed form. What the SEBI circular of 29 May 2026 says.
Mrunmai Madaye
@mrunmai1995
I cover personal finance and the government small-savings schemes here — PPF, the Sukanya Samriddhi Yojana, NSC, the Senior Citizens' Savings Scheme and Kisan Vikas Patra. I start from the notified scheme rules as published in the Gazette rather than from bank marketing pages, and I go after the parts households most often get wrong: how interest is actually calculated month to month, what happens when a deposit misses its cycle, what premature closure really costs, and how the tax treatment shifts from one scheme to the next. My rate tables carry the date I checked them, because the Finance Ministry resets those every quarter.