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NOMINEE FACILITIES
EPFO member alert: Your nominee may lose provident fund, pension, other benefits if you make this little mistakeEPFO members are warned that e-nominations are invalid without e-signing via Aadhaar authentication. This crucial step ensures family membe...- Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assetsThe Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...
- Sebi eases nomination rules for demat accounts, mutual funds. Check full detailsSEBI has relaxed nomination norms for demat accounts and mutual funds starting September 1, 2026. Nomination is mandatory for single holder...
- Banks seek RBI guidance as multiple nominations create claim settlement hurdlesBanks are facing difficulties settling claims when multiple people are nominated on accounts. This is causing operational problems for fina...
- LIC introduces New Jeevan Sathi joint life plans: Check features, guaranteed additions and benefitsLIC new plans 2026: Life Insurance Corporation of India has launched two new joint life insurance savings plans, LIC’s New Jeevan Sathi Sin...
- Peak XV, YC and Ribbit pocket up to 94x returns from Groww stake sales as IPO lock-in endsGroww's early investors have sold shares after their IPO lock-in period ended. This move has generated massive returns for firms like Peak ...
- PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule worksMutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rollin...
- Canada: British Columbia to open limited PR pathway for health support staffBritish Columbia is launching a unique immigration route for 250 cleaning and security staff in public health facilities, aiming to boost r...
- Groww Q4 FY26 results: Operating revenue surges 87%, net profit more than doublesBillionbrains Garage Ventures, operating Groww, saw operating revenue surge 87% to Rs 1,505 crore in the March quarter of FY26. Full-year r...
- Assam sees high turnout at 85.13%; polling largely peacefulAssam's assembly elections saw remarkable voter turnout that exceeded 85 per cent. While the polling process was predominantly peaceful, a ...
- RBI revises rules for Floating Rate Savings Bonds 2020: Key changes investors should knowThe Reserve Bank of India has released updated operational guidelines for its Floating Rate Savings Bonds, 2020 (Taxable), effective immedi...
- SEBI proposes modified nomination norms for Demat and Mutual Fund accountsThe Securities and Exchange Board of India (SEBI) has issued a consultation paper to modify nomination norms for demat accounts and mutual ...
- RBI nomination rule from November 1, 2025: Is it mandatory to have a nominee in your deposit account? Central bank says thisNew banking rule: Banks must provide nomination services for deposit accounts, safe deposit lockers, and objects in safe custody under new ...
- New RBI directive to banks, NBFCs to ensure nomination in FDs, saving accounts: Check detailsNomination: To avoid undue hardship to survivors/ family members of deceased depositors, the RBI has asked banks to obtain nomination in ca...
- New nomination rule for bank lockers, deposits proposed: Check details of Banking Laws (Amendment) Bill, 2024New nomination rule for bank lockers: Currently, under the Banking Regulation Act, individuals or joint depositors have the option to desig...
- How to add nominee in SBI PPF account using Yono appWhile opening a PPF account, you will not find the provision for nomination in the application form, nomination has to be filed separately.
- All you need to know about nomination in mutual fund schemesNomination is the process of appointing a person to take care of a mutual fund investor's assets in the event of death.
- How to pass on your MF holdingsWhen a nomination is registered, it will facilitate easy transfer of funds to the nominee(s) in the event of demise of the investor.
- Why you should appoint a nominee for your MF schemeNomination facility is mandatory for new folios accounts opened by individuals, especially with single holdings.
- Finance Ministry restricts use of bank vehicles for nominee directorsThe government nominee directors have been asked by the Finance Ministry not to use bank vehicles other for than attending its board meetin...
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