Yes, you can add a nominee in your demat account online. The process varies from one depository participant (DP) to another, but here are the general steps involved:
- Login to your DP's online portal.
- Go to the "Profile" or "Settings" section.
- Find the option to add a nominee.
- Enter the nominee's details, such as name, relationship, and date of birth.
- You may also need to specify the percentage of shares that you want to allocate to the nominee.
- Click on "Submit".