My father had opened an HUF account in Indian Bank in 2002 and a PAN card of the HUF account. He died 2 years back but the HUF account has no nomination so what should be done for account closure settlement. ?
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INDIAN BANK- HUF ACCOUNT
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Submit KYC papers with the remaining Coparceners & Members of HUF with newly elected KARTA.
After processing of the papers, either the HUF may be continued; or dissolve completely, Once order from ITO is obtained approving complete dissolution, the bank account can be closed.
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