Get the free cooperative bank nominee form

Form DA 1 Nomination under Section 45ZA of the Banking Regulation Act, 1949 and Rule 2(1) of the Banking Companies (Nomination) Rules, 1985 in respect of Bank Deposits I / We Name/address/BS nominate

How to fill out cooperative bank nominee form

How to fill out cooperative bank nominee form

1. To fill out the cooperative bank nominee form, follow these steps:
2. Obtain the nominee form from the cooperative bank.
3. Read the instructions provided with the form carefully.
4. Fill in your personal details, such as your name, address, contact information, and occupation.
5. Provide the details of the nominee, including their name, address, contact information, and relationship to you.
6. Indicate the type of account for which the nomination is being made.
7. Specify the percentage or share of the account that will be allocated to the nominee.
8. Review the form to ensure all the information provided is accurate and complete.
9. Sign and date the form.
10. Submit the completed form to the cooperative bank.

Who needs cooperative bank nominee form?

1. The cooperative bank nominee form is required by individuals who hold accounts with cooperative banks and wish to nominate a person to receive the benefits of the account in the event of their demise. It is especially useful for account holders who want to ensure that their savings or assets are transferred to their chosen nominee smoothly and according to their wishes.

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What is cooperative bank nominee form?

The cooperative bank nominee form is a document used to designate a nominee or beneficiary to receive the funds of a cooperative bank account in the event of the account holder's death.

Who is required to file cooperative bank nominee form?

Any account holder of a cooperative bank account who wishes to designate a nominee or beneficiary is required to file the cooperative bank nominee form.

How to fill out cooperative bank nominee form?

The cooperative bank nominee form typically requires the account holder to provide their personal information, the nominee's details, and the relationship between the account holder and the nominee. The form must be signed and submitted to the cooperative bank.

What is the purpose of cooperative bank nominee form?

The purpose of the cooperative bank nominee form is to ensure that the funds in the account are transferred to the designated nominee or beneficiary in case of the account holder's demise.

What information must be reported on cooperative bank nominee form?

The cooperative bank nominee form requires details such as the account holder's name, address, contact information, nominee's name, relationship with the nominee, nominee's address, and contact information.