Bank Account Without Nominee Claim: Anyone gets lost while opening a bank account or demat account or any account for investment. So the option to add nominee definitely comes in that process. The nominee is, in a way, the heir. Meaning entitled to your thing after you. If something happens to you in case of bank accounts. In case of any accident or anything else, the money in your account is given to the nominee. However, adding a nominee is not mandatory. That is why many people do not add…
Read MoreWhat Happen if There is No Nominee in Bank Account if Primary Account Holder Dies How To Claim Money
