DigiLocker is a cloud-based digital wallet developed and operated by the Ministry of Electronics and Information Technology (MeitY). It provides you with digital versions of your important documents, such as:
Driving License
Vehicle Registration Certificate (RC)
Bank account statement
insurance policy
Educational mark sheets etc.
Documents stored in DigiLocker are legally considered equivalent to original documents.
How to link your accounts to DigiLocker?
Visit the DigiLocker website or app. Sign up using your mobile number or Aadhaar and complete the OTP verification.
Go to the ‘Profile’ section and link your PAN number so that you can access your financial documents.
Click “Search Documents” on the homepage. Search for “NSDL,” “CDSL,” or “CAMS/KFinTech” (for mutual funds). Then select an option such as “Demat Holdings Statement” or “Mutual Fund Statement (CAS).”
Select the issuing institution and enter the required details, such as PAN, date of birth, or client ID. Once the verification is complete, your documents will automatically be saved to DigiLocker.
Go to Nominee or Sharing Settings. Add the email address or mobile number of a trusted person. That person will have access to your financial documents in the event of your death.
What should the nominee do?
DigiLocker is linked to the Registrar General of India’s Civil Registration System (CRS), which issues birth and death certificates.
If the Aadhaar number is given in the death certificate, the system automatically updates the status of the person as “deceased”.
If the Aadhaar number is not linked, DigiLocker will not be able to update it. In this case, information received from KYC Registration Agencies (KRAs) can be used as an alternative.
If a family member, nominee, joint account holder or legal heir provides a verified death certificate to a SEBI-registered entity, the death information is recorded in the KRA system.
