https://www.taxtmi.com/acts?id=52285 If a nomination exists the nominee(s) may claim the eligible balance in Form-2 with proof of death; shares follow depositor specification or equal division, and a minor's payment goes to the appointed person or guardian. Absent a nomination and without probate/letters of administration or a succession certificate within six months, the accounts office may pay claims up to Rs. 5 lakh to a person appearing to be the rightful claimant on submission of specified documents; amounts above Rs. 5 lakh require a court-issued succession certificate and supporting documents. en-us Fri, 26 Dec 2025 11:08:01 +0530 Fri, 26 Dec 2025 11:50:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52285 If a nomination exists the nominee(s) may claim the eligible balance in Form-2 with proof of death; shares follow depositor specification or equal division, and a minor's payment goes to the appointed person or guardian. Absent a nomination and without probate/letters of administration or a succession certificate within six months, the accounts office may pay claims up to Rs. 5 lakh to a person appearing to be the rightful claimant on submission of specified documents; amounts above Rs. 5 lakh require a court-issued succession certificate and supporting documents. Act-Rules Direct Taxes Fri, 26 Dec 2025 11:08:01 +0530 https://www.taxtmi.com/acts?id=52285