---------- Forwarded message ---------
From: 'N Sekar' via iyer123 <[email protected]>
Date: Sat, Sep 30, 2023, 7:03 PM
Subject: Re: [iyer123] Paying of E or S fixed deposit-reg
To: <[email protected]>, Kerala Iyer <[email protected]>,
Gopa4411 <[email protected]>


Thanks Sri G K.

As I wrote earlier, we too had no issues at all in prematurely closing the
FDs after my father's demise in 2018.

The very idea of having a joint account, either or survivor, is precisely
to meet the  contingency of one person's death, so the other one will have
no problems for funds.

The survivor inherits all the rights of the account. It is better he or she
revisits the nomination and makes any changes that may be necessary.

N Sekar

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On Sat, Sep 30, 2023 at 6:38 PM, 'gopala krishnan' via iyer123
<[email protected]> wrote:
Respected sirs,

Today I had a discussion with Manager, SBI Madampakkam on the issue of
closing a fixed deposit premature if any of them deceased.

 As per the information if death certificate is produced the TDR can be
closed premature at any time if it is created perfectly.

 According to him, asking for anything else may on the grounds TDR is not
correctly prepared. He has no remembrance of any R BI instruction in this
regard. He is recently promoted as Bank manager.

This is just an information and need not be a hundred percent authoritative
information.
Gopalakrishnan

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