It is very important to appoint a nominee in a savings or fixed deposit account in a bank. If you have named a nominee, you can do this work online. For this, you must have netbanking facility. You can also fill the nomination form by visiting the bank branch
Bank Nominee: Have you made a nominee in your savings bank account or fixed deposit account? If not, then do this work soon. This will ensure that there is no problem in transferring the money in case of the death of the account holder. Such cases come to light every day when after the death of the account holder, a lot of difficulty is faced in transferring the money deposited in the account to his wife or children. This process becomes very long.
If you do not have netbanking facility, then apply
If your bank account is in State Bank of India (SBI) and you have given the name of the nominee in it, then you should add a nominee soon. You can do this work online. For this, it is necessary for you to have netbanking facility. If you have not taken this facility till now, then you can fill the form and give it to your branch. This will start your netbanking facility. Then you will be able to easily add the name of the nominee in your account.
This is how you can add nominee’s name through netbanking
1. Login to Onlinesbi.com using your user ID and password.
2. Go to ‘Request and Inquiry’ section in the menu.
3. Click on ‘Online Nomination’ option.
4. Select the account in which you want to add nominee. Then click on Continue.
5. Enter nominee’s name, date of birth, address and relationship with the account holder.
6. Then submit the form.
7. Enter the high-security password received on your mobile phone.
8. Finally click on ‘Confirm’ button.
You can add the nominee’s name by visiting the branch
If you do not use internet banking, you can do this by visiting the bank’s branch. It would be better if you download the nomination form from the bank’s website. Then after filling in the complete information, go to the bank’s branch and submit it. A person can add or remove the nominee’s name in his bank account at any time. Two people can be made nominees in a joint locker account.
