WRONG NOMINEE NAME WRONG NOMINEE NAME

8 months ago

My Grandmother has invested some amount where she had made me nominee but In Place of my real name (Name mentioned in my Documents) my nick name has been given. Now whats the procedure to get my name corrected any get amount as she has expired.

Advocate Simi Paul

Responded 8 months ago

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A.Hi client,
You have to contact the institution/ authority by making an application. They will ask for some strict documentation.Like affidavit/ declaration that you are the same person.
It might take some time but hopefully will be granted.

Thanks and Regards
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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 8 months ago

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A.Gathering the necessary documents, such as investment papers, nominee details, identification documents (including those with your legal name), and materials substantiating your relationship with your grandmother, is a prudent initial step.

Subsequently, engaging with the relevant financial institution or organization where your grandmother made the investment becomes imperative. When communicating with them, describe the circumstances and express your interest in understanding their protocol for rectifying nominee details and facilitating the disbursement of the invested amount.

The financial institution will probably offer an application or designated form for updating nominee particulars. This application will likely necessitate the submission of evidence verifying your identity and the familial bond between yourself and your grandmother. These supporting materials should also validate the accurate name information.

Should the situation warrant it, providing legal documents that underscore your association with your grandmother, such as a birth certificate or an affidavit establishing the correlation between your legal name and the used nickname, may become necessary.

Additionally, it is conceivable that a witness affidavit might be requested. This affidavit can corroborate that your nickname corresponds to your legal name, reinforcing the accuracy of your identity.

Certain documents might require notarization to affirm their authenticity. To ascertain the necessity of notarization, it is recommended to ascertain the specific requirements of the institution in question.

Ensuring consistent communication with the institution is crucial to monitor the progression of the correction procedure. As they might necessitate supplementary information or documentation, promptly responding to their requests is paramount. This proactive approach will facilitate a smoother resolution process.
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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 8 months ago

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A.Dear Client,
Reach out to the institution where your grandmother had made the investment. Explain the situation and provide them with the correct information, including your legal name. They might have a process for updating the nominee details.

Affidavit: You might need to create an affidavit or a sworn statement explaining the discrepancy between your nickname and your legal name. This affidavit could be used to support your request for correction.

Legal Heirship Certificate: If your grandmother has passed away, you might need to obtain a legal heirship certificate from the appropriate authorities. This certificate establishes your status as a legal heir and can be helpful in resolving matters related to her assets.

Documentation from Family: If possible, gather documents that show the connection between your nickname and your legal name, such as school records, documents with your nickname, or affidavits from family members who can attest to your identity.
Thanks
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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 8 months ago

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A.Dear client,
An affidavit for name change has to be prepared and signed by two witnesses and gazetted officer rank along with the stamp
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