LawRato

How can a legal heir of deceased can claim the PPF amount.


06-Mar-2023 (In Wills / Trusts Law)

A PPF account of a deceased does not had a nominee and unfortunately had no will. How can a legal heir of deceased can claim the PPF amount. (There is no dispute between any legal heirs).

Answers (1)

Answer #1
407 votes

If the credit balance standing in the account is upto Rs.1 lakh, the same may be paid to his/her legal heirs on production of : a). A letter of indemnity. b). An affidavit c). A letter of disclaimer on affidavit, and d). A certificate of death of subscriber, on stamped paper.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."