Settlement of claim

Can any Circle member guide to get back the amount of one's father held up in a bank(SBI) after latters death without any nomination. more  

View all 9 comments Below 9 comments
Simply approach the concerned branch. All Legal heirs of your father will move a joint application, authrising one of them to receive the money. Money will be credited in the account of that authorised person. Bank will inform you about the documents which must be filed along with the application. All the best. more  
Thanks a lot. more  
Death cert of father, succession cert, affidavit from all of us that we have no objections to money being given to our brother and we nominate him to receive on our behalf. Some bank form was also filled. The pnb officer also asked for bribe for which i being from military gave him a piece of my mind then subsequently my younger brother dealt with whole subject. In case of Our mothers acct we just left it as there were few thousands and not worth the effort. The acct was existing for ten years and probably even now. They didn't give the money to my father despite application and acct in same branch, father being extremely aged and unable to move didn't pursue . The bank staff can be very harassing and think as if they are giving from their pocket. Complain to branch manager if his officer unnecessarily delays. Usually br managers are sincere officers. more  
Please obtain from the Bank prescribed application form for heirs to claim the money in the deceased account which has several forms attached to be completed along with requisite documents, ID, address proof etc. The full details may be obtained from the concerned officer dealing with claim accounts so that all the formalities are completed at one go. In most cases upto a certain amount no succession certificate is required. This amount differs from bank to bank. More clarity can be had from concerned branch as everything depends on the man dealing with the matter. more  
Better you approach the bank branch where amount is lying and ask the branch manager for various formalities to claim amount. more  
If the amount involved is small and the claimant is good enough for the amount, the Bank may settle the claim after obtaining a stamped Indemnity and a Surety good enough for the amount. Otherwise the Bank may insist on (a) the Will, if in existence, being probated or proved to be legally valid and enforceable or, (b) if no will is in existence and the succession is intestate (i.e., without a Will in existence and relied upon), a Succession Certificate issued by a competent Court of Law more  
Post a Comment

Related Posts

    • Registering a Business

      Hi, Am a working professional in a pvt ltd company. My query is while working in the company can i register a business in my name. Is there any act/law which prohibits. Thanks for your t...

      By Anonymous Circle member
      /
    • Transfer of property by gift deed

      Can a mother, having five children, gift deed her property to a particular child without informing to the other children or getting consent of the other children?

      By Amitava Dutta
      /
    • Judiciary must deliver fast & correct judgement

      As soon as a person is arrested on filing of FIR by police, & produced before Magistrates court dealing with Criminal case, the accused applies for bail & also obtains Stay before sessi...

      By Bahadur Sanjana
      /
    • Legal advice to file a complaint

      Dear Members, I have to file a legal complaint against HDFC Bank at New Delhi for my pending refund of 60 thousand since Jan 2019. I have communicated enough on emails and on the phone however...

      By Sumit Bajaj
      /
    • 4 crore personnel loan

      We have total 4 crore personnel loan out of 5 crore loan. One of my partner cheated us in Mining business. He mis utilized entire fund and project fake orders he created. We are.in...

      By Anonymous Circle member
      /
    • Advocate help required

      Advocate help required for our odisha mining related fraud and document forgery from our partner. 1. Till now ~5cr amount transfered to his account for handling the project and office expe...

      By Anonymous Circle member
      /
    • Adoption

      One of my friends wants to adopt a female baby ( a month old) . She is the daughter of his own brother and there is mutual consent. please let me know the procedures to be followed to make it legal...

      By N.Mohan Mohan
      /
    • Pyramid Scheme from Osmose Technology Pvt Ltd

      I would like to know if it’s legal in India to run a Pyramid or Multi-level marketing scheme and if it’s safe for people to join as member. Particularly I would like to know...

      By Rajeev Rumale
      /
    • Case against Medical Health insurance

      Want to file a case against Max Bupa Health Insurance company. Needs a competent professional, advocate or some Insurance law expert. Any one can advise ??

      By VIPIN ARORA
      /
    • Maruti True Value - Total loss car sale

      I have bought other brand car (Honda Jazz) from Maruti True Value located @ Paruthipattu. They ensure the vehicle is not meet in accident and flood affected. While booking I agreed them to do name ...

      By Prabagaran Sekar
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)