Who is the legal heir of a fixed deposit?
My deceased mother had a FD in the bank with me as the second account holder. There is no will. Can my siblings claim this FD money?
1 Answer
Only verified advocates can give an answer Sign In
Advocate By LEAD INDIA
Answered: 29 Jan 2024
If the FD account has more than one holder, the surviving holder(s) will receive the remaining balance and accumulated interest in the event of the account holder(s)'s death. In the event that every account holder passes away, the nominee will get the money. Therefore, as you are the second holder of the FD account, it is possible for you to claim the amount. For further legal assistance contact us on our helpline number.
Related Questions
24x7 Help
If we fall short of your expectation in any way, let us know
Payment Trust
All refunds come with no questions asked guarantee
