Can I add/update a nominee in FD?

Yes, it is possible to add or update a nominee for your existing fixed deposit (FD). Here is how you can do it:

1. Net banking Portal: Log in to your net banking account and go to the deposits section. Look for a "Nomination update" link, icon, or something similar. From there, you can view existing nominee details or add/change the nomination for your FD.
2. Mobile Banking App: If your financial institution offers a mobile app, go to the deposits section in the app. There should be a nomination management option that allows you to view, add to, or modify an existing FD nomination.
3. Bank Branch: You can visit your nearest branch and submit a written application to update the FD nominee. Provide your account details and nominee KYC documents. Only the account holder-not the nominee-needs to visit the branch or complete the online process. The branch staff will assist you in registering the new FD nomination.

The process may slightly vary for different financial institutions. Please check your financial institution’s website or contact their customer care for exact steps on updating the FD nomination using the options provided to account holders.