कोशिश गोल्ड - मुक्त
Locker accounts will allow up to four nominees
Mint Hyderabad
|October 24, 2025
The government move aims to simplify claims settlement for depositors and their nominees
Starting next month, you'll be able to have as many as four nominees for your bank accounts and lockers, as against just one now. On Thursday, the government said some key provisions of the Banking Laws (Amendment) Act, 2025, including changes to nomination norms, will come into effect 1 November.
The government had earlier notified that sections 10, 11, 12 and 13 of the Act would come into force from next month. These include rules related to nominees for deposit accounts, articles kept in safe custody, and the contents of bank lockers.
यह कहानी Mint Hyderabad के October 24, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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