Repayment of Term/Fixed Deposits with 'Either or Survivor' or 'Former or Survivor' Mandate

Last updated: 27 August 2012

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RBI/2012-13/176 RPCD.CO.RRB.RCB.BC./03.05.33/2012-13 August 23, 2012 All Regional Rural Banks / State and Central Co-operative Banks Dear Sir, Repayment of Term/Fixed Deposits with Either or Survivor or Former or Survivor Mandate It has come to our notice that some Regional Rural Banks (RRBs) / State and Central Co-operative Banks (StCBs/DCCBs) insist on the signatures of both the depositors to allow repayment of money in fixed/term deposi

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Notification No : RBI/2012-13/176

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