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About bank fd or saving account amount
30-Jun-2023 (In Property Law)
Is bank FD or saving bank account amount can b challenge by family members after death of account holder if bank account already has nominee... And also
If their is no will about the said money just a nominee only in that case who is the legal person
Hi,
A nominee is just a caretaker of the bank balance or Fixed deposits.
If there is no will it will be distributed among the legal heirs , you need to get the succession certificate, then only you can get that amount.
Thanks and Regards
Ramit Sehrawat
Advocate
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Adv. Ramit Sehrawat
Delhi | 400+ Answers
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I have perused the contents of your query and would advise you to seek a detailed consultancy from a lawyer having expertise. Better particulars are required to advise you further on this issue...,,,,,,,
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Adv. Anubhav Kathuria
Delhi | 1000+ Answers
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No, that can not be challenged. If there is a nominee to the bank account. It is considered that the account holder wants to transfer all the funds in the name of the nominee after his/her death. Only thing that can be challenged is that the nominee has been made by fraud.
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Adv. Yuganshu Sharma
Delhi | 700+ Answers
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