Visit the Bank or Use Digital Channels

• Go to the nearest branch of the bank where the RD is held.
• Alternatively, log in to the bank’s internet or mobile banking portal.
• Most banks provide the nomination update option under the deposit services section.
• Some banks may require a branch visit for joint or minor accounts.
• Carry original identity proof if updating offline.

Submit Nomination Form

• Fill out the prescribed nomination form (usually Form DA1).
• Provide nominee’s full name, relationship, and contact details.
• Specify whether the nomination is new, changed, or cancelled.
• For online submission, fill out the digital form and confirm with OTP.
• The form must be signed or electronically verified by the account holder.

Provide Required Documents

• No documents are required from the nominee at the time of update.
• Submit account holder’s ID proof for offline verification.
• For minor nominees, guardian details must be included.
• In case of joint accounts, signatures of all account holders may be needed.
• Keep a copy of the submitted form or digital confirmation for reference.

Verification and Processing

• The bank verifies the form and updates the nominee details in its system.
• Changes are reflected in the account within a few working days.
• Updated nomination is printed on the RD receipt or displayed online.
• Some banks may issue an updated acknowledgment or email confirmation.
• Verify the update by checking the latest account statement or profile section.

Points to Consider

• Nomination can be changed or cancelled anytime during the RD tenure.
• Only one nominee is allowed per RD account.
• Nominee acts as a trustee, not necessarily the legal heir.
• Keep nominee details current to avoid legal delays later.
• Updating nominee ensures smooth claim settlement in case of death.