Sister as nominee Sister as nominee

2 years ago

Woman passed away with Rs 20L FD. She was married but her husband had passed away few years before and she does not have children. And she had already made her sister as nominee for this FD. Apart from sister can anyone else from husband's family claim this amount?

Anik

Responded 2 years ago

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A.Dear Client,

As per the facts stated, the sister is the only one who has the right over the FD as she is the nominee.
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Kishan Dutt Kalaskar

Responded 2 years ago

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A.Dear Sir,

It has to be paid to the nominee without any further questions.

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Abhimanyu Shandilya

Responded 2 years ago

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A.Dear Client
If the sister is already made and recorded as nominee with the bank then only the sister can claim this amount and no one else. If anyone else tries to do that the bank will not cooperate as that will be against the norms.
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Anonymous

Replied 2 years ago

If the passed away woman's husband family threatens to file a case to get their share in this FD amount then is there any law which allows this type of request?

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