When writing an application to add a nominee to a Senior Citizen Saving Scheme (SCSS) account, clarity and politeness are crucial. Clearly state your name, account number, and residential address. Provide details of the nominee(s), including their name, relationship with you, address, date of birth, share in the amount payable, photograph, and signature/thumb impression. Request the branch manager's assistance in adding the nominee to your account and express gratitude for their help.

Table of Contents:

Sample Letter for Adding Nominee in Senior Citizen Saving Scheme

To,
The Branch Manager,
_______ (Branch Name),
_______ (Branch Address)

Date: __/__/____(Date)

Subject: Application for adding nominee in Senior Citizen Saving Scheme

Sir/Madam,

I would state that my name is _______________ (Name) and my account number is ______________ (Account Number). I am a resident of __________________ (residential address).

I carry a Senior Citizen Saving Scheme account in your branch and I would like to add nominee cover to my account. Details of the nominees are mentioned below:

Name of the nominee along with the relationship with the depositorPermanent AddressDate of birth of nominee in case of a minor/ age in other casesShare of the nominee in the amount payable.Photograph of the NomineeSignature/Thumb impression of the
Nominee
 

 

 

Kindly help me out by adding a nominee to my account. I shall be highly grateful.

Regards,
___________ (Signature)
___________ (Name),
___________ (Contact Number)

Note: Bank may ask for additional documents along with the application for nominee addition to Senior Citizen Saving Scheme account and may not accept this cover letter for the purpose. For more information please contact your Bank.

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The Live Assistant feature is represented by a real-time preview functionality. Here’s how to use it:

  • Start Typing: Enter your letter content in the "Letter Input" textarea.
  • Live Preview: As you type, the content of your letter will be displayed in the "Live Preview" section below the textarea. This feature converts newline characters in the textarea into <br> tags in HTML for better readability.

Additional Template Options

The letter writing editor allows you to start with predefined templates for drafting your letters:

  • Choose a Template: Click one of the template buttons ("Start with Sample Template 1", "Start with Sample Template 2", or "Start with Sample Template 3").
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Click the "Download Letter" button after composing your letter. This triggers a download of a file containing the content of your letter.

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Click the "Share via Email" button after composing your letter. Your default email client will open a new message window with the subject "Sharing My Draft Letter" and the content of your letter in the body.

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If you want to copy the text of your letter to the clipboard:

  • Copy to Clipboard: Click the "Copy to Clipboard" button after composing your letter.
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  • Print: Use the print dialog in the browser to complete printing.

FAQs

  • Q: Can I add multiple nominees to my Senior Citizen Saving Scheme (SCSS) account?
    • A: Yes, you can add multiple nominees along with their respective shares in the amount payable.
  • Q: Are there any specific requirements for the nominee's photograph and signature/thumb impression?
    • A: Yes, the photograph should be recent and clear, and the signature/thumb impression should be provided in the designated space.
  • Q: Is it necessary for the nominee to provide their signature/thumb impression?
    • A: Yes, the nominee's signature/thumb impression is required for authentication purposes.
  • Q: Will the nominee have access to my SCSS account during my lifetime?
    • A: No, the nominee will only become entitled to the funds in the account in the event of the account holder's demise.
  • Q: What should I do if I want to change or update the nominee details in my SCSS account?
    • A: You can request the branch manager to update the nominee details by submitting a written request along with the required documents for the change/update process.

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