How to add Nominee in ICICI Bank Savings account [In 1 Minutes]
If a person dies their investments are transferred to the nominee. A nominee is mostly a family member parent, spouse, sibling, child, or even a friend. If you have a savings account in the ICICI bank and want to add a nominee you are at the right place.
Steps to add a nominee to your ICICI bank savings account online through the comfort of your home –
Step 1: Go to ICICI Bank’s official website. You will then have to log in. To login area and enter your User ID and password.
Step 2: The dashboard will be opened once you log in. You will see many options, but you will have to choose the option at the top right corner on your screen that is ‘Customer Service’. Once you click on customer service a drop down menu will appear. Click on ‘Service Request’.
Step 3: Then you will have to click on ‘View or update nominee’.
Step 4: Then a page will open where you will have to select the account number and then click on ‘Add nominee’.
Step 5: Then the next step is to enter all nominee details asked. Once you enter all the details correctly click on Submit.
Step 6: Once you click on submit you will receive an OTP on your registered mobile number. Then enter the OTP received. Then read, click the check box and accept the terms and conditions. Then click on ‘Submit’.
Once the request is submitted you will see a confirmation message on your screen.
Things to note before adding a Nominee
- Provide all relevant details of the nominee including the relationship of the nominee with the investor.
- Instead of just writing ‘child’ or ‘husband’ mention the specific names of the nominee.
- If in case the nominee chosen is minor then you will have to give the details of their legal guardians.
- You can also appoint more than one nominee but for that, you will have to divide and allot the % nomination of your investment which should total a 100%
- Also, you can change your nominee at any time you want, you will just have to submit the required documents.