How can i close the bank account of my parents.because they have no more. My father was a railway employee.He was a retired person. My mother is no more. What is the procedure according to this problem? Please i request you to solve this problems.
From India, Patna
From India, Patna
Hi,
If your Father and Mother hold joint account with Bank please submit a letter to the bank about their demise (death) along with their death certificate and also legal heir certificate. In case of any balance money in their bank account with the support of legal heir certificate balance money will given to the legal heir /s.
If your Father and Mother hold separate Bank account please submit separate letter for each account.
From India, Madras
948If your Father and Mother hold joint account with Bank please submit a letter to the bank about their demise (death) along with their death certificate and also legal heir certificate. In case of any balance money in their bank account with the support of legal heir certificate balance money will given to the legal heir /s.
If your Father and Mother hold separate Bank account please submit separate letter for each account.
From India, Madras
If your father/mother had designated any nominee, he/she can close the account, get the balance money in account and distribute the same among the legal heirs.
From India, Kochi
From India, Kochi
First please check the railway about dues if any, payable to your father. Normally the funeral benefits would be given to the legal heirs. Then check the bank that your father had got any personal loans based on his pension salary. Get Death certificate and Legal heir certificate of your father and mother. If more than one legal heir, Get NOC from other legal heirs. now approach Railway and bank.
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Death while in service letter for pf death claim.docx
Circular Dated 28-10-2016 for settlement of PF Death Case Claims within 7 days.pdf
PF Death case Composite Claim Form No 20,10D & 5IF.xls