Legal Question in Banking Law in India
Deceased Claim
A SB a/c is in India. Some of Legal heirs are in India and some of LRs are aborad. Please let me know how the claim documents (affidavit, indemnity bond & authority letter) of LRs residing at aborad be routed to the Banking authority.
5 Answers from Attorneys
Re: Deceased Claim
You can check with the bank whether they will require the documents to be apostile or only notarization is sufficient. Further, as far as routing is concerned you can sent the same to the bank through Airmail or courier.
Re: Deceased Claim
you can send them by air mail and they can sign the same and send back
Re: Deceased Claim
you can ask for the GPA from the LR's Living abraod in favor of any of person livivng in india.
Re: Deceased Claim
The Bank may be having its own well defined rules/procedures to deal with such cases. You may obtain the necessary forms / formats from the Bank and supply them the required documents for further necessary action.
Re: Deceased Claim
affidavits,authority letter and indemnity bonds of L.Rs. outside India can be got signed before the designated officials of the consulate or Embassy of India in those places and after getting them attested by those official with his seal sent on to India to be presented to the Bank.
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