Legal Question in Banking Law in India
Can a depositor requests his bank to assign his fd to any firm. assignment of fd possible??
Asked on 9/10/15, 7:05 am
1 Answer from Attorneys
J. Radhakrishnan
independent Practice
Fixed,deposit can be assigned by the depositor by executing a deed of assignment duly stamped and the receipt handed over to the assignee with notice to the Bank of such assignment.
Answered on 9/10/15, 8:29 am
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