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In all the claims above ? 50,000/- the claimants will have to execute a stamped letter of declaration, along with stamped and notarized affidavits from two independent persons well known to the family of the deceased and acceptable to the Bank or any account holders of the Bank known to the family of the deceased.
I/we receive the payment from the Bank as trustee(s) of the legal heirs of the deceased depositor i.e. such payment to me/us shall not affect the right of claim which any person may have on deposits of the deceased and there is no court order seeking to restrain the Bank from making such payment.
Mention name of the deceased and date of expiry. In case person is missing/not traceable (i.e., whereabouts of person is unknown for more than 7 years an order/certi?cate of legal death/presumption of death may be issued by Court) mention date since missing.
Bank will settle the claims in respect of deceased depositors and release payment to survivor (s)/ nominee in case of accounts with survivor/ nominee within a period not exceeding -15- days from the date of receipt of the claim subject to the production of proof of death of the depositor and suitable identification of ...
Documents to Claim FD After Death Claim Form detailing your request for settlement of the deceased FD account. Death certificate from the local authorities. Photo ID and address proof of all the claimants. Succession Certificate if no nominee has been appointed.