Legal Question in Banking Law in India

Since the Fixed Deposit is not a Negotiable instrument can it be given ( proceeds of FD) through pay order directly in favour of the nominees name or the pay order to be routed through the SB account of the deceased .


Asked on 5/11/15, 3:27 am

1 Answer from Attorneys

Fca Prashant Chavan Expert Edge LLP

11.05.2015

Repeat query. Already answered.

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Answered on 5/11/15, 3:42 am


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