Update/Modify Nominee Details

​​​Setting up a nomination on your Bank Account is a smart way to ensure that the right person receives your savings or deposits in the event of unexpected occurrences. With HDFC Bank, you can easily update nominee details or add a new nominee through Insta Services, NetBanking, MobileBanking, or by visiting a branch.

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How to Add a Nominee to a Bank Deposit Account?

Via Website

Here’s how you can update nominee online through via website:

1. Go to www.hdfc.bank.in and in the menu, select Need Help > Accounts/Deposit Services > Update/Modify Nominee​​​​​​​

2. Login to the joureny by using your mobile number and DOB/ Customer ID/ PAN

3. Complete authentication through OTP on your registered mobile number and Last 4 digits of the Debit card+Pin+CVV/ Netbanking Password

4. Select the account for which you wish to add/modify the nominee

5. Fill the nominee details.

6. Submit the request

No need for collateral

Via NetBanking

Follow these simple steps to update nominee details through NetBanking:

1. Log in to your HDFC NetBanking account.

2. Go to > Accounts > More > Manage Nominee.

3. Select the account (e.g. savings) for which you want to update nominee. 

4. Click Modify or Add nominee details. Enter nominee’s name, relationship, date of birth, address, and guardian details if minor. 

5. Accept terms & declaration, then confirm. 

MI support 

Via MobileBanking

Here’s how you can update your nominee details via our MobileBanking App:

1. Open the HDFC Bank MobileBanking App (New) and log in.

2. Access Account Management on the application dashboard. 

3. Choose the account to access details and scroll down. 

4. Tap on the edit icon to enter or modify nominee details.

5. Input the required information.

6. Submit and verify.

MI support 

Via Branch Visit

Prefer an in-person interaction? Follow these steps:

1. Visit your nearest HDFC Bank branch.

2. Obtain the nomination form. 

3. Fill out the form with nominee details. If the nominee is a minor, also include the guardian’s details.

4. Submit the form with any 1 holder's OVD( Address proof)

MI support 

Who Can Be Nominated?

  • Any individual you trust (family member, relative or friend) can be a nominee.
  • A minor can be nominated, but you will need to name a guardian for that minor to receive the funds until they become an adult.
  • Applies to resident individuals, senior citizens, and (in many cases) non-resident individuals (provided they have certain updated contact/mobile information).
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Here's a quick eligibility check

Resident Individuals:

  • You can update the nominee for your singly held Savings Account digitally through the Insta Service journey – “Update Nominee.”
  • Alternatively, you can download the nomination form via NetBanking/MobileBanking (or through the link below) and visit a branch to submit it.
  • If you hold a jointly held Savings Account or a Current Account, you can download the nomination form via NetBanking/MobileBanking or through the link below and submit it to your nearest branch.
  •  Update Online | Download Form

Non-Resident Indians:

  • If you are a Non-Resident Indian, you can update your Nominee for your singly held saving accounts digitally by logging into your net banking.
  • For accounts other than singly held, you can download the nominee addition or nominee change/ cancellation form and send it via your registered email ID or visit the branch for submission.
  •  Update Online | Download Form (Nominee Addition) | Download Form (Nominee Modification)

Sole Proprietorship:

  • If you are a sole Proprietor, you can download the form and visit the branch for submission to update your nominee.
  •  Download Form
2132890439

Documents Required to Add/Modify a Nominee

Only 1 OVD of any 1 holder is required

  • Any one of the following:
  • Aadhaar
  • Passport
  • Voter ID
  • Driving Licence
  • NREGA Job card or Letter issued by the National Population Register containing details of name and address

Understanding Nomination in Banking

Nomination in a bank account is crucial as it ensures a smooth transfer of funds to the designated nominee after the account holder's death, minimizing legal complications and providing financial security for loved ones.

Nomination is recommended by RBI. Appointing a nominee ensures that in unforeseen circumstances, your account balance or deposits can be transferred without any hassle to your family or legal heirs.

Understanding Nomination in Banking

  • A nomination is simply a way to appoint someone (the nominee) to receive the money from your Bank Account (or related deposits) in case of your death. This nominee acts like a caretaker for your legal heirs, ensuring that the transfer of account balances or assets is done quickly and in accordance with the law.
  • Is Nomination Mandatory?
    Having a nominee for your Bank Account is not mandatory, but it is recommended to have one. Appointing a nominee ensures that in unforeseen circumstances, your account balance or deposits can be transferred without any hassle to your family or legal heirs.

 

Frequently Asked Questions

A nominee in a Bank Account is someone you designate to receive your funds or deposits if you pass away. 

Can do so for singly held saving/ salary accounts only if the KYC is updated in bank records

Yes, you can add upto 4 nominees to each of your accounts in Successive or Simultaneous orders. Under successive order, you can appoint multiple nominees in a specific order, where each nominee becomes eligible only if the preceding nominee cannot claim the asset. Simultaneous nomination allows multiple nominees to inherit or claim an asset at the same time, either equally or in specified proportions.

If you are submitting through a branch, it might take a bit longer to update nominee in bank account because of the manual processing involved. Instant in case of online.

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