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FORM DA 1 Nomination under Section 45 ZA of the Banking Regulation Act, 1949 and Rule 2(1) of the Banking Companies (Nomination) Rules 1985 in respect of bank deposits. I/We . . . . . . . . . . .

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-Any applicant must make a nomination with the form of the Banking Banking Companies (Nomination) Rules 1985. -Details of the nominee can also be changed during the subsistence of the account relationship by filling the same form as mentioned above.

Nomination for bank account In banking terms, nomination means that the account holder must name someone to claim the deposit or investment after the original owner of the account dies. So, a nominee will be the person named by the account holder in the nomination section for the asset or account in question.

Proof of death, such as certified copies of the death certificate. Documentation about the account and its owner, including the deceased's full legal name, Social Security number, and the bank account number.

The bank will ask for following items from the nominee, in order to make sure that the proceeds are handed over to the genuine nominee: Death Certificate of deceased account holder as a proof of death. Identity Proof of the nominee.

How a Nominee can Claim in Bank? Death Certificate of deceased account holder as a proof of death. Identity Proof of the nominee. Nominee claim form duly filled up by the nominee, which needs to be duly certified by any of the following: A Magistrate or Judicial Official. An Officer of the Central or State Government.

Submit duly filled in nomination form at branch along with an id proof. The banker will check the form and if the same is complete in all respects, he/ she will process your request to add nominee in your account. It usually takes 2 to 3 working days to get it processed.

NAME OF FORM FORM NO. Nomination under Section 45 'ZA' of the Banking Regulation Act, 1949 and Rule 2(1) of the Banking Companies (Nomination) Rules 1985 in respect of bank deposits.

Nomination can be done in favour of one person only. However, nomination in favour of more than one person (i.e. up to 2 persons) is permissible in jointly operated locker accounts with common consent. Nomination can be made, cancelled or varied by the account holder anytime during his/her life time.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232