New bank account, locker rules soon? Banking Amendment Bill allows up to 4 nominees – check what’s about to change – Times of India
Bank account nominees have the authority to access deposits, articles, or locker contents following the accountholder’s death. (AI image) New bank account, bank locker rules soon! The Banking Laws (Amendment) Bill received approval in the Lok Sabha on December 3, 2024, introducing provisions for account holders to designate up to four nominees for their savings…