Nomination and settlement - RBI - Reserve Bank of India
Overview
Overview
Remember to register a nominee for your bank account. Nomination helps in easy settlement of claim of deceased depositor(s)
- Claim of deceased depositor(s) has to be settled by the bank within 15 days from the date of receipt of claim*
- In case of a joint deposit account, the nominee's right arises only after the death of all account holders
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Click on the topic you want to know more about and you will have detailed information on it. In case you need further clarifications, please write to us at rbikehtahai@rbi.org.in
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Page Last Updated on: May 23, 2022
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