Get Claim Form From The Controlling Office Of The Bank For

Settlement of claim in Joint accounts with survivorship clause. In a joint account where payment of balance to the survivor(s) is provided in the related account opening form, upon the death of one of the joint account holders, the balance in the account will be payable to the surviving joint account holders.

The nomination facility simplifies the procedure for settlement of claims of deceased depositors as the bank will get a valid discharge by making payment of the balance outstanding in a depositor's account at the time of his death or delivering contents of locker or articles kept in safe custody to the nominee.

Bank will settle the claims in respect of deceased depositors and release payment to survivor (s)/ nominee in case of accounts with survivor/ nominee within a period not exceeding -15- days from the date of receipt of the claim subject to the production of proof of death of the depositor and suitable identification of ...

The nomination facility simplifies the procedure for settlement of claims of deceased depositors as the bank will get a valid discharge by making payment of the balance outstanding in a depositor's account at the time of his death or delivering contents of locker or articles kept in safe custody to the nominee.

Mention name of the deceased and date of expiry. In case person is missing/not traceable (i.e., whereabouts of person is unknown for more than 7 years an order/certi�cate of legal death/presumption of death may be issued by Court) mention date since missing.

Ans: - Depending on the amount of claim, the following documents need to be submitted. i) Photocopy of Death Certificate (original to be produced for verification by the bank). ii) Photographs and KYC documents of all the claimants/ legal heir(s), (Original documents to be produced for verification by the bank.)

Treatment of flows in the name of the deceased depositor The bank could be authorized by the survivor(s) / nominee to return the pipeline flows to the remitter with the remark 'Account holder deceased' and to intimate the survivor(s) / nominee ingly.

Mention name of the deceased and date of expiry. In case person is missing/not traceable (i.e., whereabouts of person is unknown for more than 7 years an order/certi�cate of legal death/presumption of death may be issued by Court) mention date since missing.