Legal Question in Wills and Trusts in India
Fixed Deposit without nominee
My father was having FD in the bank of Rs.80000.He passed away last year. FD is not having any nomination. what is the procedure to get the money.
5 Answers from Attorneys
Re: Fixed Deposit without nominee
You have to get the death certificate of your father and legal heir certificate issued by the RDO/Tehsil and if any documentary evidence like,Ration card,Driving license,Passport,etc.which proves that you are the son of the deceased then Bank authorities would not have any objection is withdrawing the money.There are no big formalities as such like affidavits,succession certificate,etc.Don't worry in case of more help contact me.
Re: Fixed Deposit without nominee
the bank may ask for succession certifcate from you.
succession certifcate is issed by the court
for this contact a local lawyer and apply the same in the court
Re: Fixed Deposit without nominee
All the legal heirs may request the bank for withdrawl of the money by making a joint application alongwith (a) death certificate of the deceased; (b) affidavits/proofs of legal heirs of the deceased; and (c) idemnity bonds.
The bank may, on receipt of your application, advise you about further formalities, if any, to be completed as per Bank rules.
Re: Fixed Deposit without nominee
All the legal heirs may request the bank for withdrawl of the money by making a joint application alongwith (a) death certificate of the deceased; (b) affidavits/proofs of legal heirs of the deceased; and (c) idemnity bonds.
The bank may, on receipt of your application, advise you about further formalities, if any, to be completed as per Bank rules.
Re: Fixed Deposit without nominee
All the legal heirs may request the bank for withdrawl of the money by making a joint application alongwith (a) death certificate of the deceased; (b) affidavits/proofs of legal heirs of the deceased; and (c) idemnity bonds.
The bank may, on receipt of your application, advise you about further formalities, if any, to be completed as per Bank rules.
Related Questions & Answers
-
Legal heir certificate How to obtain a legal heir certificate? Asked 6/21/09, 10:03 am in India Probate, Trusts, Wills & Estates