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Nikhil SHETTY   17 February 2021

gift deed on bank accounts

can some body make gift deed on bank accounts and jewellery


Learning

 6 Replies

Real Soul.... (LEGAL)     17 February 2021

You can make a will , besides nominate the beneficairy in bank that is all

Nikhil SHETTY   17 February 2021

Registered will on unregistered will holds good for this? where probate is compulsory what in making the wills on bank accounts?

Real Soul.... (LEGAL)     17 February 2021

Though will don' need registeration , but it is better you make a will deed and register it. Mention everything you want to make will for in detail. Give best perticulars.

Nikhil SHETTY   17 February 2021

Thanks a lot sir for your advice

Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108)     17 February 2021

1. Bank Account number CANNOT be Gifted, under any circumstances.  This is against the policy rules of RBI.

2. However Bank Balances & Jewellery can be duly Gifted to ANYBODY, by following due procedures of law.

Keep Smiling .... Hemant Agarwal
VISIT:  www.chshelpforum.com

Sankaranarayanan (Advocate)     29 April 2021

yes  i do agree the experts points , you can execute a will for your assets not the Bank account 


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