Yes, the nomination facility is, both, available and encouraged in the Dhanush demat account. While it is not mandatory, adding a nominee is recommended as it eliminates the tedious processes involved with the transfer of shares to the rightful heirs in the unfortunate demise of the sole demat account owner.
By registering a nominee, the entire process becomes extremely smooth and seamless. Up to 3 nominees can be registered while opening the demat account or even at any later stage as per your convenience. The addition of nominees can be done online using the Dhanush web portal or app, or offline by visiting the nearest Ashika Group stock broking office.