I wish to transfer all the beneficiary and ownership rights in FD in favour of my parents and act as a custodian for receiving interest and administering FD. How this can be done
Kamal Garg 04 October 2016
I wish to transfer all the beneficiary and ownership rights in FD in favour of my parents and act as a custodian for receiving interest and administering FD. How this can be done
adv.bharat @ PUNE (Lawyer) 04 October 2016
Kamal you can approach your bank wher FD is kept and make nominee to your parent for that FD.
If u like my solution then will you give THANK on my LCI profile.
Kumar Doab (FIN) 04 October 2016
Check if the bank can agree and provide such service.
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