Transmission Procedure

Category -1

Mode of holding Either or Survivor/Anyone or Survivor/Joint
Required Documents

  • Request letter from the joint holder(s).
  • Death certificate issued by Govt. Authority or copy duly attested in original by Bankers /Notary public or Magistrate under their official stamp and seal. Please note that the banker’s attestation should bear the Official Stamp, Seal and should also indicate clearly the name and designation of the bank official attesting the same.
  • Bank particulars confirmation is required.
  • It has become mandatory for all investors to provide PAN*. The photocopy of the PAN card needs to be attested by either AMFI certified distributors with ARN No. & Name; Notary Public with Seal and Name; Bank Manager with Bank Seal; Employees of SBI ISC and Employees of CAMS ISC.

 

Category-2

 

Mode of holding Single with Nominee
Required Documents

  • Request letter for transmission from the claimant mentioning Bank particulars with signature attested by Bank Manager in original under their official stamp, seal and should also indicate clearly the name and designation of the bank official attesting the same.
  • Death certificate issued by Govt. Authority or copy duly attested in original by Bankers /Notary public or Magistrate under their official stamp and seal. Please note that the banker’s attestation should bear the Official Stamp/Seal and should also indicate clearly the name and designation of the bank official attesting the same.
  • It has become mandatory for all investors to provide PAN*. The photocopy of the PAN card needs to be attested by either AMFI certified distributors with ARN No. & Name; Notary Public with Seal and Name; Bank Manager with Bank Seal; Employees of SBI ISC and Employees of CAMS ISC.

 

Category-3

Mode of holding single (without nominee/ Joint holders)
Required Documents

  • Request letter for transmission from the legal heir mentioning Bank particulars with signature attested by Bank Manager in original under their official stamp/seal and should also indicate clearly the name and designation of the bank official attesting the same.
  • Death certificate issued by Govt. Authority or copy duly attested in original by Bankers/Notary public or Magistrate under their official stamp and seal. Please note that the banker’s attestation should bear the Official Stamp/Seal and should also indicate clearly the name and designation of the bank official attesting the same.
  • It has become mandatory for all investors to provide PAN*. The photocopy of the PAN card needs to be attested by either AMFI certified distributors with ARN No. & Name; Notary Public with Seal and Name; Bank Manager with Bank Seal; Employees of SBI ISC and Employees of CAMS ISC.
  • Notarized copy of Succession Certificate or Letter of Administration or Probated copy of Will or notarized copy of Legal Heir Certificate issued by government authority along with no objection from other legal heirs in favour of claimant if there are more than one legal heirs.
  • In case the documents in serial no. 4 are not available kindly arrange to forward us the following documents whose formats are enclosed.
  • Notarized Indemnity on a Rs.20/- non-judicial stamp paper executed by claimant & sureties.
  • Affidavit on a Rs.20/- non-judicial stamp paper executed by claimant before either Notary Public or Magistrate.
  • If there is more than one legal heir, Letter of Relinquishment (No Objection letter) on plain paper with signature(s) of legal heir(s) attested by Notary under their official stamp and seal.
Please click here for the documents required for Transmission Forms and Formats\Transmission Docs.pdf

 

Category-4

Transmission Procedures for HUF 

  • Letter from the coparceners (Other Members of the family) whether the HUF is being dissolved or continued with their consent.
  • If the HUF is being dissolved, the HUF Deed should provide a clause for dissolution.
  • If the HUF is being continued then the eldest male member of the family would be the new Karta. Hence the letter needs to be received also from the new Karta requesting for the change; with Signature Attested by the Bank Manager under their official stamp, seal and should also indicate clearly the name and designation of the bank official attesting the same.
  • Please provide the sign with Karta Seal.
  • It has become mandatory for all investors to provide PAN*. The photocopy of the PAN card needs to be attested by either AMFI certified distributors with ARN No. & Name; Notary Public with Seal and Name; Bank Manager with Bank Seal; Employees of SBI ISC and Employees of CAMS ISC
  • We require a letter from the other coparceners that they agree with the nomination of the new Karta, and it should be duly attested by either AMFI certified distributors with ARN No. & Name; Notary Public with Seal and Name; Bank Manager with Bank Seal; Employees of SBI ISC and Employees of CAMS ISC.

 

NOTES:
If all the documents are found in order, transmission request will be processed and new folio will be generated. A Statement of Account will be sent to the investor to this effect. *KYC is mandatory if the investment value is more than 50,000/-

*For Transmission cum Redemption, PAN proof & KYC are not mandatory.

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