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How to fill out the Cos 540 online
The Cos 540 form, also known as the letter of indemnity, is essential for processing the payment of a deceased person's account balance. This guide provides a clear and structured approach to filling out the form online effectively.
Follow the steps to complete the Cos 540 form online
- Press the ‘Get Form’ button to access the Cos 540 document and open it in the appropriate editor.
- In the first section, address the letter to the Branch Manager, Chief Manager, or Assistant General Manager of the State Bank of India. Ensure to input the correct branch address.
- List the names of the claimants in the designated field. It is important to include each claimant's full name to avoid any confusion.
- Indicate the sum of money that is being requested. Be precise and write the amount clearly in the section provided.
- Fill in the account details, including the type of account (e.g., Saving Bank, Current, R.D Account), and the name of the deceased account holder.
- In the indemnity agreement section, insert the names of the sureties. Like claimants, include each surety's full name accurately.
- Date the document as indicated, ensuring the day and year are accurate. This information is critical for the validity of the indemnity.
- Lastly, all parties named in the indemnity section must sign the document. Ensure that signatures are clear and match the names stated.
- Once all sections are filled out accurately, save changes to the form, and download a copy for your records.
- Print the completed form or share it as required for submission to the relevant bank personnel.
Start completing your Cos 540 form online to ensure a smooth processing of your request.
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