ABCD (HR Consultant) 11 July 2015
Dear Concern,
Please advise whether single succession certificate is sufficient for multiple accounts in one bank at diffrent states.
e.g : A, person dies having saving & ppf account in BCD bank at E,F & G states. H, Spouse the nominated one also dies leaving legal heirs behind. No dispute is there.
Please suggest whether one succession is OK or one has to go for three as per juridiction.
Regards
ABCD
Kumar Doab (FIN) 11 July 2015
Try for other options e.g; /Indemnity/suretyDisclaimer etc.....
Inquire with Bank/PO.
ABCD (HR Consultant) 11 August 2015
Thanks Mr. Kumar,
your advise is valuable for small amounts say up to 4-5 lacs.
Bank insist succession for big amounts as to find respectable person in eyes of bank is difficult for surity and witness.
Regards
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