Nominee's right to calim for Money in Bank Account

She needs to submit the following documents .

1.Your friend's father's death certificate,

2. Document showing Your friend's mother's relation to the deceased (like aadhar, voter ID, driving license, passport etc ).

File one set of xerox copies to the bank. Keep the originals with you (in case required, they will check with xerox copies and give the originals back to you).

The claim form for deceased depositor a/c with nomination and without nomination are different.

RBI has issued guidelines ( Master Circular on Customer Services) on treatment of deceased depositor a/c with nomination and without nomination...........for accounts and lockers.......
These guidelines have statutory force and are available on website of RBI and has to be maintained on bank's website and printed version should be supplied to customer without any cost.....
Bank is bound to keep its own guidelines in line with RBI guidelines on its website and in branch too.

In a/cs which have nomination NO Indemnity, surety, witness etc is required and no threshold limit is applicable. 

KYC docs of claimant, photocpy and original to marl OSV, photograph are required.

Don't forget to obtain certified copy of each document under bank's seal and signature of BM.


Meet the BM with confidence..

Hi, In case where there is a nomination the bank will pass the proceeds to the nominee. It will first proceed to check the nomination, along with original copy of the death certificate. Other supporting documents can be aadhar card, voter ID,Driving License.
One can do  aadhar card download online Here

Per RBI guidelines for death claim settlement ,Bank need to ensure identity of the nominee by ID proof such as Aadhar card, drivers license etc.

and notarised copy of original death certificate of account holder.  Besides, you will have to fill a short death clain form of the Bank.

Sometimes, they demand  indemnity bond which is not according to RBI guidelines.  I am going thru this process myself for my deceased mother's FDs

and AXIS bank ( Fort  )is demanding Indemnity bond  on Rs 500 non judicial stamp paper.   Axis Bank doesnot fiollow RBI guidelines and creates  unnecessary hurdles for the nominees.