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Insurance money left unclaimed? How to trace, verify and recover your moneyNearly Rs 8,974 crore in unclaimed insurance funds is lying with insurers due to missing nominees, outdated records, lost documents and lac...
Arunachal flash floods: Search continues for 4 missing, IAF joins rescue effortsSearch and rescue efforts are ongoing for four individuals missing after flash floods devastated Keyi Panyor district in Arunachal Pradesh....
At least 15 people killed as fire engulfs commercial building housing coaching centre in Lucknow's AliganjA devastating fire claimed at least 14 lives in a Lucknow building housing a coaching center and pet clinic. Deputy Chief Minister Brajesh ...
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
Selling property in England after the owner's death? Legal heirs may need Probate of Will or Letters of Administration firstLegal heirs in England and Wales require a Grant of Probate or Letters of Administration to sell property and manage a deceased person's es...
Claiming your inheritance by executing a Will: What legal heirs must know about nominees, probate and asset transfersExecuting a Will in India is often more complex than believed, involving numerous institutions and documentation hurdles. Nominees do not a...
UDGAM portal facilitates users to search unclaimed deposits across multiple banks: RBI to SCThe submissions were made before a bench of Justices Vikram Nath, Sandeep Mehta and Vijay Bishnoi which was hearing a plea filed by journal...
Tribal man who carried sister’s skeleton to bank in Odisha was made to walk 3 km to re-bury remains, claims BJD leaderA tribal man in Keonjhar, Odisha, carried his sister's skeleton to a bank to withdraw funds. He was allegedly asked for proof of death. The...
NPS pensioners to get fixed medical allowance directly in their accounts without submitting billsNational Pension System (NPS) pensioners and family pensioners will now receive their Fixed Medical Allowance (FMA) directly in their bank ...
No nomination in mutual fund or demat account? Here’s how legal heirs can claim investmentsNot having a nominee in mutual funds or demat accounts doesn’t mean your investments are lost—but it can make access difficult for your fam...
RBI announces three consumer-centric steps for re-KYC, easier bank claims and retail investingThe Reserve Bank of India has introduced three customer-centric measures, including simplified KYC procedures via panchayat-level camps, st...
Investors can store, access demat account, mutual fund documents in DigiLockerInvestors can store and access their demat account statements and mutual fund holdings through DigiLocker beginning April 1. The initiative...
Unclaimed financial assets to reduce: Good news for nominees as SEBI partners with DigiLocker for smooth access to account of deceasedSEBI has partnered with DigiLocker to allow nominees access to the financial assets of deceased individuals. This initiative will help in e...
A digital legacy: How to clean e-footprints after deathHere’s how the digital identities of the deceased can be preserved, altered, or deleted.
A digital legacy: How to clean e-footprints after deathHere’s how the digital identities of the deceased can be preserved, altered, or deleted.
How to claim money after death of SBI account holderHere is a look at the process of filing a claim with SBI after the death of an account holder. Before filing the death claim with the SBI, ...
PNB locker claim settlement: How claims settlement will work after death of locker hirerPNB has a simplified policy and procedure in place to help with the settlement of claims for deposits, locker contents left in the accounts...
How to file the IT return of a deceased personOnce an individual passes away, it is the responsibility of his legal representatives to file the deceased’s tax return.
What happens to your online life after death?Have you ever thought about what happens to all your online accounts after your death? Just like a will for physical assets, you can create...
- Speed up settlement of claims to deceased nominee: RBI to UCBs
RBI directed urban co-operative banks not to insist upon succession certificates from nominees while settling claims in cases of deceased d...