Categories: Accounts

Letter To The Bank To Make Nomination In FDR Account

Every time we make investments in form of mutual funds or FDRs, we are given an option to nominate someone. It is very important to have a nominee who will be eligible for gaining the access to the money in case the account holder is dead. It is essential to have a nominee in order to avoid the hassles and confusions along with immense paperwork which is difficult to manage once the account holder is dead. Hence, make sure that you have appointed someone as your nominee who will receive all your savings and investments once you are not there.

Here is a sample of letter to the bank to make nomination in FDR account which contains all the essential information in a simple manner. Use this example to draft a customized letter in a professional and short manner without missing on useful inputs.

Sample of Letter To The Bank To Make Nomination In FDR Account

From:

Vicky Peterson

52 3^rd Block

Richmond Street

New York

30^th August, 2014

To,

The Manager,

National Bank,

1234 Park Avenue

New York

Dear Sir,

Sub: Nomination for FDR Account No. 123/4567

Dear Sir,

I have an FDR account no. 123/4567 for $ 15,000 with your bank. I want to appoint a nominee in this account. For this, I request you to please send me a form for making nomination in the account. Since it is a legally urgent matter, I would be pleased if you could forward the necessary forms without any further delay. I would also request you to please advise me that what points should be taken into consideration so that this nomination is done as per the law of the land.

Thanking you in anticipation.

Yours sincerely,

Hugh Jackson

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