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How NRI Investors Can Claim Indian Shares

Practical points for NRIs and overseas legal heirs: documents, attestation, accounts and coordination.

Where NRIs usually get stuck

  • Documents needing attestation or notarisation abroad
  • Death certificates issued outside India
  • Choosing the right demat and bank account
  • Couriering originals

Overseas death certificates

SEBI's July 2026 framework lists the accepted ways of certifying a death certificate issued abroad: certification by a court magistrate, judge or notary in the country of issue; consularisation by an Indian Embassy or Consulate; apostille; or certification by authorised officials of certain bank branches. An English translation is required if the document is in another language.

Accounts

Recovered shares are credited to a demat account, and money to a bank account, in the claimant's name. NRIs should choose account types that suit the applicable foreign-exchange rules and take professional advice on tax and FEMA.

Frequently asked questions

Can an overseas heir claim?
Yes, an eligible legal heir can claim, supported by suitable documents.

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Last updated 18 Oct 2026. This page is general information, not legal or financial advice.

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