Loved One Gone? Get ₹5L Shares in 30 Days
SEBI has made it much easier for family members to claim shares and investments after someone dies. A new fast-track system called Quick Transmission Processing lets legal heirs get smaller holdings transferred quickly without going to court.
Getting shares after a death used to take longer than building a Mumbai flyover — now SEBI wants it done in weeks.
Your family can claim shares under this limit without a succession certificate
Key Takeaways
Add a nominee to every demat account today — log in to your broker's app and check the nominee section under account settings.
Keep a file with your PAN card, demat account number, and will in one place so your family can act quickly when needed.
If you are a legal heir waiting on a pending transmission claim, contact your broker or depository participant to ask if QTP applies to your case.
SEBI has made it much easier for family members to claim shares and investments after someone dies. A new fast-track system called Quick Transmission Processing lets legal heirs get smaller holdings transferred quickly without going to court.
Here's what happened: SEBI introduced Quick Transmission Processing (QTP) — a fast-track route for transferring securities to legal heirs after an investor's death.. For holdings valued up to ₹5 lakh, heirs can claim shares without a court-issued succession certificate, using simpler documents.. Larger or disputed estates will still follow the standard transmission process, but with clearer timelines and reduced paperwork burden..
What you should do: Add a nominee to every demat account today — log in to your broker's app and check the nominee section under account settings.. Keep a file with your PAN card, demat account number, and will in one place so your family can act quickly when needed.. If you are a legal heir waiting on a pending transmission claim, contact your broker or depository participant to ask if QTP applies to your case..
Pro tip: Even if you have a nominee, a will still matters — a nominee is a trustee, not the final legal owner. Write a simple will to prevent family disputes over your investments.
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- [1]“Sebi simplifies share transfer process after an investor's death, giving legal heirs faster access to investments” mint - money · 20 Jun 2026
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