Application for Add Nominee in Bank Account – Nominee Addition Letter

Table of Contents:

• Sample Letter
• Live Editing Assistance
• How to Use Live Assistant
• Additional Template Options
• Download Options
• Share via Email
• Share via WhatsApp
• Copy to Clipboard
• Print Letter
• FAQs

Request Letter to Add Nominee to Bank Account

To,
The Branch Manager,
__________ (Name of Bank) Bank,
__________ (Branch)

Subject: Application for adding Nominee in _________ Account

Sir/Madam,

I, __________ holding a _________ (savings) account bearing account number __________ (Account Number) in your _________ (branch address) hereby request you to update the nominee details for said account.

Detail for adding nomination in my account is mentioned below:

Bank Account Number: ____________
Type of Account: ______________
Nominee Name: _______________
Nominee Relationship with Account Holder: _________________
Nominee Age: _________________
Nominee Date of Birth: _____________
Nominee Guardian: _______________ (if nominee is minor)
Nominee Address: _______________

I have filled up the DA1 form (FORM) for nomination and the same is enclosed with the application. The customer request form, KYC documents and all other required documents as per Bank norms are also enclosed for your perusal.

Thanking you,

Kind regards,
____________ (Name)
____________ (Address),
____________ (Contact Number)

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FAQs

1. Why do I need to add a nominee to my bank account?
   • Adding a nominee ensures that in the event of the account holder's demise, the nominee can easily access the funds without legal complications.
2. What documents are typically required to add a nominee to a bank account?
   • You may need to submit a filled DA1 form (nomination form), customer request forms, KYC documents, and any other paperwork as required by the bank.
3. Can I add multiple nominees to my bank account?
   • Yes, some banks allow the addition of multiple nominees to an account. However, it's best to check with your bank regarding their specific policies.
4. What if I want to change or remove the nominee later?
   • You can typically update or remove a nominee by submitting a request to your bank along with the necessary documentation.
5. Is it necessary for the nominee to be aware of their nomination?
   • While it's not mandatory, it's advisable to inform the nominee about their nomination for transparency and clarity.

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