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Co-Presenting Sponsor

Capital Trade

Associate Sponsors

  • Indiabulls
  • Aegon Life
  • LIC Housing Finance
  • DHFL
YOU ARE HERE > Moneycontrol > Company Fixed Deposits > Glossary

Company Fixed Deposits

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How can I claim payment of deceased account / certificate holder?

The claimant may be the nominee or legal heir. If there is nomination, the nominee can prefer the claim in the prescribed form along with death certificate. If there is no nomination, any one of the legal heirs can prefer the claim in the prescribed form [SB84]. For this death certificate and consent statements of all legal heirs are required. Claim upto one lakh can be settled. If the claim is exceeding one lakh, claims can be settled by legal evidence ie, by probate of will or succession certificate.

Keywords

National Savings Certificate, NSC

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