InvestorQ : My demat account was opened 16 years back. My DP manager just told me that my signature does not match with the master. What should I do?
ishika Banerjee made post

My demat account was opened 16 years back. My DP manager just told me that my signature does not match with the master. What should I do?

Answer
user profile image
Bhavik Nehru answered.
2 years ago


This is a problem that a lot of people face. Your signature normally changes a little bit on a regular basis and if you were to look at your signature after a span of 15 years or so, in most cases the signature will be vastly different. This can be slightly difficult situation and you may be wondering what to do? But don’t worry, there is a way out. You can actually apply for a change of your signature in a standard format. You can use the same format for requesting change of signature in your CDSL and your NSDL account. Given below is the format that you can use to apply to your DP for a change in signature. There are some basic requirements you need to be familiar with in this case.
You have a choice of changing the signature both in your demat and KRA simultaneously. In case of multiple holders, even if there is only one signature change, all the holders will have to sign in that order. When signature changes over time, the DP may insist on an additional document. Your bank manager will have to certify on the bank’s letterhead certifying that is your new signature along with your photograph. That will be good enough proof for you to go ahead with your signature change with your DP. You also need to change your signature in case you have changed your name post marriage and you have also changed your signature along with that. This may also require a marriage affidavit and a copy of the announcement in a public gazette.