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Form DA 1 (Nomination) (Source: Banking Companies (Nomination) Rules. 1985)Nomination under section 45 ZA of the Banking Regulation Act, 1949, and Rule 2(1) of Banking Companies (Nomination) Rules,
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How to fill out nominee addition form
How to fill out nominee addition form
01
Start by obtaining the nominee addition form from the concerned authority.
02
Read the instructions provided on the form carefully.
03
Fill out the personal details of the addressee, such as name, address, and contact information.
04
Provide the necessary information about the nominee, including their full name, relationship to the addressee, and contact details.
05
Indicate the reason for adding the nominee and provide any additional required information.
06
Review the form for any errors or omissions.
07
Sign and date the form.
08
Submit the completed form to the appropriate authority or mail it to the specified address.
09
Retain a copy of the form for your records.
Who needs nominee addition form?
01
The nominee addition form is needed by individuals who wish to designate a nominee for certain purposes, such as an insurance policy, bank account, or legal document. It is commonly used to ensure a smooth transfer of rights or benefits to the nominee in case of the addressee's incapacitation or demise.
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What is nominee addition form?
Nominee addition form is a document used to add a nominee to an existing account or policy.
Who is required to file nominee addition form?
The account holder or policyholder is required to file nominee addition form.
How to fill out nominee addition form?
To fill out nominee addition form, provide personal information of the nominee, their relationship to the account holder, and any other required details.
What is the purpose of nominee addition form?
The purpose of nominee addition form is to ensure that the account holder's nominee is officially listed in case of any unforeseen circumstances.
What information must be reported on nominee addition form?
Information such as nominee's full name, date of birth, contact information, relationship to the account holder, and any other relevant details must be reported on nominee addition form.
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