Nominee in nhai bond

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Freelancer
21 Points Posted on 10 May 2021

 

 

 

 

I m sole nominee in nhai bond...bond holder has died.

So will i get transmisson of bond on my name or i can withdraw money on my name after lock in period.

 

The bank mentioned in the bond ,is joint account..and i m also the joint holder in that account

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On 10 May 2021 at 20:41 Report
Replies (4)
Quick Summary
If you are the sole nominee for an NHAI bond and the bondholder has passed away, you are entitled to the transmission of the bond into your name. You will need to formally apply for this process. As a joint account holder with the deceased on the bank account linked to the bond, this may also facilitate the transmission.

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Chartered Accountant
16188 Points Posted on 10 May 2021
You will get transmission of bond in your name
1 Reply
On 10 May 2021 at 21:14
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My grammar is 💯 good I
5110 Points Posted on 10 May 2021

Yes nominee gets everything

1 Reply
On 10 May 2021 at 22:46
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Partner
855 Points Posted on 12 May 2021

You have to apply for the same.

How NHAI will know about transmission.

1 Reply
On 12 May 2021 at 14:22
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2754 Points Posted on 13 May 2021

Can someone explain the NHAI bond in brief?

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On 13 May 2021 at 15:31

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