Nominee: Latest News and Updates, Top Stories, Videos, Photos About Nominee

How to Add or Change a Nominee in HDFC Bank Account?

HDFC is the most well-known and trusted bank in India and around the world. HDFC offers digital banking services, allowing you to do many account and bank-related tasks from your computer or smartphone. A nominee is something that should be added ...

You Can File e-Nomination For PF Account Even After 31st December: Here’s How

Employees' Provident Fund Organisation (EPFO), a statutory body under the Ministry of Labour and Employment of the Government of India, has recently issued a major update on filing or e-nomination. According to EPFO, after the deadline of December 31, 2021, one ...

How To Withdraw Money From The Account Of A Deceased Person?

While opening a bank account, the bank asks for various information and also ask to file the name of the nominee. Have you thought about why the bank asked for it and how important it is to choose a nominee? Making ...

How To File e-Nomination For EPF Account Online?

Employees' Provident Fund (EPF) members can register an e-nomination now to ensure for their family/nominee. The Employees' Provident Fund Organisation (EPFO) necessitates certain documents to file an e-nomination, and members must have an activated and Aadhaar-linked UAN, Aadhaar-linked mobile number, and ...

When Do EPF and EPS Nominations Become Invalid By Default?

If you are a salaried employee, you are most likely making contribution to EPF (Employees' Provident Fund) as part of your monthly remuneration from your employer. This retirement savings fund like all investments require the subscriber to provide a nominee at ...

Fixed Deposit Joint Owner Or Nominee Is Merely Trustee Of Proceeds

While you might have be thinking what happens in case the FD holder dies and there is also a joint owner to the account. If the depositor happens to be a Hindu then the estate succession will follow the principle of ...

Cases When Insurance Nominee May Not Get Policy Proceeds: All You Should Know

Insurance is an instrument advised as a first purchase in your financial planning exercise. And against it a nominee is specified who happens to be a person with dependence on the policyholder, meaning to say policyholder's demise causes financial implications on ...

Your Life Insurance Claim Will Be Processed In A Month's Time: Know How To Claim It?

In yet another move which highlights that customers or insured interest is fast becoming the number one priority of the Insurance regulator in India, IRDAI, the body as part of the Protection of Policyholders' Interests Regulations of 2017 has emphasized on ...

Did You Know: Mutual Funds Can Only Be Transferred To Another Upon Death

There can be an instance when during the course of your investment into mutual funds, you wish to transfer your unit holdings to some of your relative so as to better track the investment or for any other reason. But the ...

Does Nomination Guarantee A Nominee Fixed Deposit Proceeds On Death Of The Holder?

There are many individuals who believe that by nominating a financial asset like a fixed deposit they are securing the asset in favour of the nominee. That may not be true under all circumstances. Let's take the example of a ...

Joint Account vs Nomination in case of deposits or other investment: Which is better?

You can hold deposits or other investment in a joint account (with the name of any of your blood relation or any other party) specified as the joint owner of the account or in the other case make someone ...

Why is it important to have a nomination in Banks, Post Office and Insurance?

Nomination should essentially be done for any kind of investment being made either in a bank, post office, stock markets or an insurance company. The process is simple and requires only submission of nominee application by the applicant wherein he needs ...

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