Relinqiuishment deed queries

The bank wants the relinquishment deed signed by your friend's sisters. The reason is upon the death of your friend's father, his legal heirs are his wife,son and daughters. Now if your friend wants to transfer the money into his a/c from his father's a/c , the bank will seek a relinquishment deed/ no objection certficate from other legal heirs. Otherwise, the bank will have to equally split the money amongst the legal heirs. 

Does the No Objection Certificate will also work in this rather than giving Relinquishment Deed. 

No,the banks will generally not accept a no objection certificate. A relinquishment deed is a registrable instrument and this will be accepted by your bank.

Kindly tell me how we can get it registered and from where?

The Relinqushment deed can be registered in local sub Registry office where other deeds like Sale deed etc. are registered. But at the time of registration of the deed you along with your sisters are to be remain present.

Can you help me with the list of documents that we need at the time when we go for registering the Relinquishment Deed.

While going for registration, all of you should take the Voter iD Cards,2nos of passport photographs each.But before going for registration, you should consult a lawyer/Deed writer for preparation of the Relinquishment Deed. At the time of preparation of the deed, the details of  bank account, balance, name and adress of all of you etc. are required. The deed is to be prepared on stamp paper of requisite value which the Deed Writer/Advocate shall advise. At the time of registration of deed Govt. fees of certain amount is to be deposited in the office.