Nomination
facility
The Bank offers Nomination facility in case of all deposit accounts opened by individuals. A sole proprietory concern operating a Current A/c can also nominate. The procedure is simple and a witness needs to sign on the nomination form which is to be submitted in duplicate.
There are certain guidelines to be followed for making a valid nomination:-
- You can nominate only one person per account.
- You can nominate a Minor.
- Modification/change in nomination can be made subsequently; with the approval of all the account holders.
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