GIRJES RANJI 12 March 2018

Deseased account

PROCEDURE OF CASH WITHDRAWAL(ONE OF THE PERSON DIE) OF JOINT ACCOUNT WHEN THERE IS NO NOMINEE IN THE ACCOUNT OR AMOUNT EXECEDED 20 LAKH

R.Ramachandran (Advocate) 12 March 2018

What is the arrangement with the Bank - whether both the joint account holders have to sign the cheque or either or survivor can operate the account?

Did you approach the bank?

What did the bank say to you?

You should approach concern branch.If joint account was oppend as either of survivor can operate .Then survivor can operate without any formalities.