I lost my both patents within 6 months. My late parents had a savings bank account in SBI. Total amount is Rs 6 lakhs, no nominee available. While I make Deceased claim from the bank, an indemnity bond has to be made with two surety. My questions:
1) Can a relative become surety?
2) If surety holds fixed deposit asset in the same bank in joint names of husband wife, can both of them become two surety?
3) If answer to 2 above is no, is the FD amount halved of one of them become surety?
I thank all experts in advance and expect reply to my questions.
