Gifting and charity, in cash and kind, during one’s lifetime offers the scope for creating shared experiences of celebration, travel, enter...

Banks across India will remain closed on Saturday? Reserve Bank of India guidelines mandate banks close on second and fourth Saturdays. Dig...

Mutual fund unit transmission is now simpler for nominees and joint holders. Asset management companies will rely on the latest address wit...

Sebi now permits demat mutual fund investors to set up standing instructions for systematic plans. This facility, previously for statement ...

It is often witnessed that the aggression of marketing executives in AMCs to onboard an investor is not reciprocated while settling death c...

Death claim settlement: SBI has issued revised guidelines to provide a harmonised framework and to standardise the documentation for the se...

ET Wealth Reader's Query: Is it possible to file an income tax return (ITR) for a deceased family member (mother or father) and claim a ref...

State Bank of India simplifies death claim settlements. Nominees can file online for savings accounts and fixed deposits. Visit the Decease...

Under these policies, the family of the victims are eligible to claim the insurance amount in case of death, or death due to accidents or e...

Despite RBI mandate, FD account holders face problems in premature withdrawal on death of joint holder.

Here 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, ...

The claimant of securities needs to obtain a transmission form from the depository participant (DP) or download from their website. It need...

In the United States and in India, although inheritance laws apply equally to citizens and permanent residents in both countries, there are...

PNB has a simplified policy and procedure in place to help with the settlement of claims for deposits, locker contents left in the accounts...

In case a single demat account holder dies leaving a nominee, the procedure for transmission of securities is simple.

The fund must be notified and the account must be updated. If the first holder dies, the surviving second holder may not be able to put in ...

The legal successors of the deceased unit holder must ask the fund house for transmission of units.