Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home / Finance / Banking / Can Nominee Withdraw Money By a Cheque Signed by Account Holder After the Death of the Account Holder Partly Amount of Balance?
Q.

Can Nominee Withdraw Money By a Cheque Signed by Account Holder After the Death of the Account Holder Partly Amount of Balance?

view 230Views

4 months

Comment

1 Answers

Send
0 2024-07-17T23:37:37+00:00
⤺ Reply

No, a nominee cannot withdraw money by a cheque signed by the account holder after their death. Once the account holder dies, their account is typically frozen, and all previously issued cheques become invalid. The nominee's role is to claim the balance as per the bank's process, which usually involves submitting the death certificate and completing other formalities. The nominee may then receive the funds directly from the bank, but they cannot use cheques signed by the deceased account holder to withdraw money.

Enjoy a Quick Disbursal of Personal Loan up to Rs 10 Lakhs via NB Instacash.  

Shifting, House?

✔

Lowest Price Quote

✔

Safe Relocation

✔

Professional Labour

✔

Timely Pickup & Delivery
inline_cards

Intercity Shifting-Upto 25% Off

Check Prices

inline_cards

Intracity Shifting-Upto 25% Off

Check Prices

inline_cards

City Tempo-Upto 50% Off

Book Now

Most Viewed Questions

How to Download Income Certificate Online Tamil Nadu?How to calculate home loan EMI?What is MOD Charges for Home Loan?What is part period interest in SBI home loan?How to Avoid Part Period Interest in SBI Home Loan?How to check APF number online?Last 10 Years Home Loan Interest Rates in India?How to Close SBI Home Loan?How to Do Prepayment of SBI Home Loan?How to Withdraw PF for House Construction?See All

Recently Published Questions

What is Equitas Home Loan Review?What is Cooperative Bank Housing Loan Interest Rate?What is Home Loan Interest Rate in Kerala?What is the Home Loan Interest Rate in Ahmedabad?What is J&K Grameen Bank Home Loan Interest Rate?How to Pay IDBI Bank Home Loan EMI Online?How to check home loan eligibility in LIC?What is Kaveri Grameena Bank Home Loan Interest Rate?What is the Lowest Home Loan Interest Rates in Pune?What is Dombivli Nagari Sahakari Bank Home Loan Interest Rate?See All

Authors Of The Question

profile
Puja12

0 Total Answers


0


profile

Recently Answered Questions

How to Update KYC in ICICI Bank Online? Does Indian Bank Have Zero Balance Account? I AM GETTING SALARY IN MY MOTHER ACCOUNT WHERE I AM A JOINT HOLDER .IS IT FINE TO GET SALARY IN JOINT ACCOUNT WHERE I AM A SECOND HOLDER? How to download CIBIL report? Is PPF interest rate fixed ? Is GST applicable on resale flat? What is the charge for cheque bounce? Which is Better PNB Home Loan vs SBI Home Loan? How to Close ICICI Home Loan? HDFC Home Loan Disbursement Process Online?
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners