What does Nomination for a deposit account in the bank mean?

Mandate of the depositor in favor of a close relative who can claim the amount on death of the depositor

Mandate given by the close relatives of the depositor to settle the death claim in case of death of the depositor

Mandate decided by the bank to settle the death claim of its depositor

Mandate of the depositor in favor of one or more persons to claim the amount on death of the deposito

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Top 10 Bank PO Free Mock in Bank PO Exam (Generic) Questions For Session 2024 - 2025

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Learn Bank PO Free Mock in Bank PO Exam (Generic) MCQ questions and answers (MCQs) with explanation to score better in any Job Interviews, Campus Recruitments , Competition Exams and Entrance Tests.

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