WELCOMETOCENTRAL STAFF COLLEGE DELHI

PNBCSC

PRESENTATION ONSETTLEMENT OF CLAIM CASES

By nalind saxena

PNBCSC

ACCOUNTS WITH NOMINATIONSCAUTION SHOULD BE MARKED ON RECEIPT OF INFORMATIONNOMINEE IF CONTACTED SHOULD BE ASKED TO PRODUCE 1. DEATH CERTIFICATE 2.CLAIM FORM PNB 831CLAIM FORM SHOULD BE ATTESTED /VERIFIED BY MAGISTRATE ORNOTARY PUBLICORGAZETTED OFFICER OR BANK OFFICER

PNBCSC

ACCOUNTS WITHOUT NOMINATIONCAUTION SHOULD BE MARKEDPNB 46-47DEATH CERTIFICATEPOWER OF ATTORNEY IN CASE OF MORE THAN ONE CLAIMANTSI/BOND ( IF REQUIRED)SUCESSION CERTIFICATE( IF REQUIRED)STAMPED FULL AND FINAL RECEIPTPROBATE LETTER IN CASE OF WILL

PNBCSC

VALUE OF CLAIM DOES NOT EXCEED Rs. 5000/-ATTESTATION ON CLAIM FORM NEED NOT TO BE INSISTED UPONCERTIFICATE FROM SARPANCH WILL BE SUFFICIENT

PNBCSC

CLAIM DOES NOT EXCEED 25000/-SUCCESSION CERTIFICATE SHOULD NOT BE INSISTED UPONPAYMENT ON THE BASIS OF CLAIM FORM DULY ATTESTED BY NOTARY OR MAGISTRATEINDEMNITY BONDNO CR IS NEEDED

PNBCSC

CLAIM EXCEEDING 25000/-CR TO BE PREPAREDINDEMNITY BOND AND SURETY TO BE TAKENALL OTHER DOCUMENT ARE SAME

PNBCSC

LEGAL REPRESENTATIONNO LIMIT IS PRESCRIBED BELOW OR BEYOND WHICH LEGAL HEIRS BE ASKED TO PRODUCE LEGAL REPRESENTATION

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OTHER GUIDELINESDEATH,INSOLVENCY AND INSANITY OF A CUSTOMER PRECLUDES THE BANK FROM PAYING FURTHER CHEQUES EVEN ISSUED PRIOR TO DEATH , INSOLVENCY,INSANITYIN JOINT ACCOUNTS PAYMENT WILL CONTINUEINSTRUCTION FROM COURT SHOULD BE FOLLOWED

PNBCSC

IN PARTNERSHIP ACCOUNTS ON DEATH OF A PARTNER OPERATION IN THE ACCOUNT SHOULD BE STOPPEDHOWEVER CONTRACT CONTRARY TO IT IN THE ACCOUNT OPENING FORM PNB 38 AND /OR PARTNERSHIP DEED, THE ACCOUNT WILL CONTINUE TO RUNIN CASE OF HUF ON DEATH OF MAJOR COPARCNER OPERATION WILL BE STOPPED AND DEALT WITH AS CLAIM CASE

PNBCSC