Have you received SMS “you have not registered nomination in your account. As nomination helps in easy settlement of claim of deceased depositors, please register nomination.”

If yes, you must read this.

RBI has made mandatory of all banks to register nominee in bank accounts. So all banks are sending sms “you have not registered nomination in your account. As nomination helps in easy settlement of claim of deceased depositors, please register nomination.”

If there is no nomination in bank account. It is tough process to withdraw money be legal heirs.

All legal heirs have to be present to take amount form deceased account holder. So every bank are sendig SMS to all cousomers that you have not registered nomination in your account. As nomination helps in easy settlement of claim of deceased depositors, please register nomination.

So you also make sure that nomination has been given in your bank account.

If you have not registered nomination in your account. You must add nominee name in bank account. As nomination helps in easy settlement of claim of deceased depositors, please register nomination in your all bank account.