NATIONAL SECURITIES DEPOSITORY LIMITED - NSDL

5. Transfer of securities in favour of a Nominee shall be valid discharge bythe depository against the legal heir.6. The cancellation of nomination can be made by individuals only holdingbeneficiary owner accounts on their own behalf singly or jointly by thesame persons who made the original nomination. Non- individualsincluding society, trust, body corporate, partnership firm, karta of HinduUndivided Family, holder of power of attorney cannot cancel thenomination. If the beneficiary owner account is held jointly, all jointholders will sign the cancellation form.7. On cancellation of the nomination, the nomination shall stand rescindedand the depository shall not be under any obligation to transfer thesecurities in favour of the Nominee.Sr.NoMaster Circular on Account Opening Version 2.6 May 2010Topic(I)Guidelines in respect of account opening in case of individuals (Non-Body Corporate)1 Individuals, Karta of HUF, Partners in case of Partnership firm, Guardian in case of minoraccount1.1 In-person verification of applicant(s) at the time of opening depository account1.2 Execution of agreement1.3 Submission of valid proof of identity / proof of address1.4 Collection of KYC documents in case of joint holdings1.5 Verification of Documents1.6 Exercising of due diligence1.7 Application of stricter criteria in selecting KYC documents1.8 Concurrent Audit with respect to account opening2 Procedure for capturing of demographic details of the account holder(s)2.1 Capturing of PAN details2.2 Capturing of local and correspondence address2.3 Capturing of Bank details3 Mode of capturing the details in the DPM System4 Procedure for opening HUF account5 Procedure for opening of a minor account5.1 Procedure to be followed by Participants on minor attaining majority6 Accounts opened in the names of Partners for holding securities that belong to a Partnershipfirm7 Non-Resident Indian / Foreign National (NRI/FN)7.1 KYC documentation and PAN for NRI and FN Clients7.2 Opening of NRI (Repatriable/Non- Repatriable) account7.3 Reserve Bank of India (RBI) Clarification with respect to NRI / FN8 Opening of account of an illiterate person9 Opening of an account of a Blind person10 Procedure to be followed with respect to Nomination11 Procedure for change in demographic details11.1 Change of address11.2 Change of Signature11.3 Change in status of Standing Instruction11.4 Change in bank details such as account type, account number, name, address and MICR11.5 Change in SMS flag and/or mobile numbers11.6 Addition / Deletion / Modification of Power of Attorney holder(s)11.7 Make a nomination / Cancel the Nomination[ 5 ]