It is important to add the name of a nominee in fixed deposit account. In the unfortunate incident of death of the investor, the proceeds of the fixed deposit investment will be transferred to the included nominee in the account as caretaker. A letter of can be communicated to the bank manager for the adding the nominee. This is a sample letter to Bank Manager to add nominee to your fixed deposit account. The letter can be modified according to need and preference.
To
The Bank Manager
Bank Name
Bank Address
Subject: Addition of nominee in FD account
Dear Sir/Madam,
I, (Your Name), have been maintaining a FD account bearing number (Account number) in your branch for the last 3 years. I am writing this letter to inform you my will to include a nominee to the said account.
With the unfortunate demise of my mother last month, the above account does not have any living nominee. Therefore, I request you to include the name of my elder brother as the legal nominee. Necessary documents have been attached for your perusal.
Please guide me through the entire process. I will be happy to complete any formalities from the end of the bank.
This is for
your kind information and necessary action.
Yours
truly,
Your name
Your address
Date:
Place:
Enclosure:
1. ID proof copy
2. Birth certificates copy
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