MASTER CIRCULAR ON NOMINATION FACILITY FOR RELIEF/SAVINGS BONDS

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....ilability of all the current operative instructions on the above subject at one place, instructions issued up to June 30, 2013 by us are enclosed. (Annexure). This circular has also been placed on RBI website http://www.rbi.org.in. Annexure Master Circular on Nomination facility for Relief/Savings Bonds 1.      A sole holder or all the joint holders (investors) of....

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....on made by the holder(s) of a Relief/Savings bond may be varied or cancelled by making a fresh nomination in the prescribed manner and intimating the same in writing to the designated branch of the authorised public/private sector bank. 5.      If the nominee is a minor, the holder(s) of the Relief/Savings bond may appoint any person, not being a minor, to receive the p....

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....le in the following cases:- (a)     When the BLA is held by an adult on behalf of a minor; (b)     When the holder has no beneficial interest in the BLA but holds it in an official or fiduciary capacity. Cancellation of Nomination -A nomination previously made will stand automatically cancelled - (a)     If the holder(s) appli....