.....Prasad's account is perhaps the only bank account in the country which is not only open and functional but also seen interest income being added to it . Usually after the death of a bank account holder, the money in there is passed on to the legal heirs on completion of certain formalities. Gupta said no one has come till date to claim for the money........
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1 comment:
Commendable gesture by a PSB to the first President of India. One wishes every bank takes pride in every single account they manage.Perhaps RBI could guide banks to follow this practice by exhibiting on the branch notice boards particulars of 'inoperative' accounts on account of death of account-holders without proper nominations. This will put legal heirs on alert and reduce the number of 'dead' accounts.
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