Continuation of Deceased Bank Account

This query is : Resolved 

28 November 2023 Sir,

A & B are joint bank account holders, A being first named. A has expired and deceased claim been submitted. However kindly advise :
A. Whether Banj account can be continued by the joint account holder?
B. Is there any banking guideline be pertaining to this?

Kindly Advise.

Thanks & Regards

28 November 2023 Joint Bank Account rules on death, the other joint account holder can operate the account upon the demise of the primary account holder.

28 November 2023 Thank You Sir! However kindly advise how long the account can be operated by Joint Account Holder?




28 November 2023 It can be operated by Joint account holder till his life time.

28 November 2023 Thank You Sir for prompt response!

Kind Regards

28 November 2023 Sir,

Is the position same in the case of Demat Account as well ?
Thanks & Regards

29 November 2023 Yes in case of joint demat account.

29 November 2023 Thank You Sir!
Kind Regards!




29 November 2023 You are welcome...
..



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