My father passed away recently. My parents have 2 demat accounts with OBC:
Demat Account 1 - held in the names of (1) Mother's name (2) Father's name
Demat Account 2 - held in the names of (2) Father's name (2) Mother's name
I would be grateful for any help with the following:
Could you please advise what is the procedure to get all the shares in the sole name of my mother and in one account?
Do I need to open yet another Demat account in my mother's sole name (as advised by OBC)? Or can my father's name be deleted from the accounts on the basis of his death certificate?
Hi,Dear Anya ,Very sorry to hear of your loss of your dear father .
From what I know ,it ought to be possible to have it done either way that you wish to.
There are genuinely helpful and caring members here , who may come on line in time soon ,to help you better ,in the exact way to go about .
Mean time ,hope these will be of use to you - Investor Grievance Cell Support 1800 22 0058 (Toll Free)
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