SBICap Trustee launches online Will creation service

MUMBAI: To help individuals create their own Wills seamlessly, SBICap Trustee Company -- a subsidiary of the investment banking arm of the country's largest lender SBI -- today launched an online Will creation service.

The service, christened "MyWill Services Online", allows users to create their Will in a six step process involving registration, verification, payment, data entry, review and generation, SBICap Trustee Company said today.

It said the service is the only online Will creation portal in the country and assured that data shared will be kept confidential.

Users will be charged Rs 2,500, excluding payment gateway charges and taxes, for creation of the Wills, which can also be edited within a stipulated time, it said.

The customers will have access to a contact centre working across the clock for guidance during the creation of the Will, but will have to pay extra for allied services like registration, safe keeping and legal experts' opinions.

The service was launched today by SBI chairman Arundhati Bhattacharya, along with the board of SBICap, including managing director of SBI's associates and subsidiaries V G Kannan.