Deceased claim settlement @punjab national bank without nominee

Apply for and obtain succession certificate from jurisdicational civil court through a local prudent lawyer.

Obtain succession certificate. A succession certificate, under the Indian Succession Act, is a document that gives authority to the person who obtains it, to represent the deceased for the purpose of collecting debts and securities due to him or payable in his name. Usually, a succession certificate is the key in the absence of a will, a succession certificate will be the primary document through which the heirs can stake a claim to the assets of a deceased relative For a succession certificate, one should need to apply to a magistrate or a high court

Hi all thanks for the quick replies. But I am ashtonished to know why the Bank has not insisted upon getting succession certificate?

      Right now the bank says that since amount is above 6 Lakhs these documents are requested. Main issue I am facing is with "CLAIM FORM" which is needed to Establishing Identity of the Nominee which needs 2 witness signatures: 1. Magistrate or Judicial Officer (Or) 2. State or Central Government Officer (OR) 3. Bank Officer.

     Main problem is they need signature on this form with Self Attested ID card which should also have Seal. That is where no one is ready to give.

      Now my query is if we get Succession Certificate will the above procedures not needed? Will it make the process much easier? How will it make the process of getting money from Account easier? Can anyone please explain as I am new to this.

In response to your query,

If there is no will, a succession certificate can be the principal instrument via which heirs can lay a claim to a deceased relative's possessions. A magistrate or a high court should be contacted for a succession certificate.

Under the Indian Succession Act, a succession certificate is a document that authorises the person who acquires it to act on behalf of the deceased in collecting debts and securities owed to him or payable in his name. You must try to get a certificate of succession. 

Regards, 

Aryan Raj 

First file RTI Application and seek information as follows with Rs.10/- rti fee..  First, find out the bottleneck or stumbling block and keep in possession of all documents as there is a deficiency of service for which you got a remedy under the CP Act.   You can also issue the following as Notice under CP Act to Bank after getting relevant information and to Banking Ombudsman.

Information solicited:

1. Please provide me certified copies entire correspondence received by the branch, made by the branch from claim application dt....................till date.

2. Please provide a timeframe fixed for settling such claims as per RBI/PNB policy and provide such a copy.

3. Please inform the reasons for inordinate delay and correspondence made with the claimant for due process till no.