Manage your SDP nominee
Similar to fixed deposits, you have the option to add or update your SDP nominee details as well.
This facility ensures that your deposit amount is easily transferred to the nominee in the event of an untimely demise. In the absence of nominee details, your rightful heir(s) may be asked to produce a succession order to claim your SDP amount on maturity.
When you update nominee details for any of the deposits, the same nominee details will be used for all the deposits created under a single plan.
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Add or update your SDP nominee
- Click on the ‘Sign-in’ button on this page to go to the ‘Service’ portal.
- Enter the registered mobile number and date of birth, and submit the OTP to sign-in.
- Click on 'Service'
- Click on 'Relations'
- Select deposits and click on your 'SDP'
- Click on the 'Add' or 'Edit Nominee'
- Enter your nominee's details, such as name, date of birth, and address.
- Click on 'Submit'
You can also click on the ‘Manage your SDP nominee details’ option below to visit our service portal. You will be asked to sign-in. You can then select your SDP from the ‘Relations’ section, click on ‘Add nominee/ Edit nominee’ option and proceed to update your nominee details.If your SDP has a joint account holder, both the account holders need to verify the OTP while updating nominee details.
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You can check your SDP details and related documents by visiting our service portal.
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Check your Systematic Deposit Plan
Sign-in to our service portal in a few clicks and find your SDP details
Frequently Asked Questions
If you notice any discrepancies on your systematic deposit plan statement of account, please raise a request with us.
Your systematic deposit maturity amount gets transferred to the bank account linked with your systematic deposit plan (SDP) on the maturity date. This transfer takes place only through National Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS) modes.
However, in case of a payment failure, you will receive a communication on your registered mobile number and email id, requesting you to change your bank account details.
The maturity amount gets transferred to the bank account linked with your systematic deposit plan on the maturity date. This transfer takes place only through National Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS) modes. However, if the payment with respect to your payout bounces, you shall be informed through a phone call or email and requested to change your bank account details.
Yes, you can change nominee details after getting consent from all the joint account holders.
Important: You cannot initiate any changes without the consent of all joint account holders.
