Mother nominated son for savings account, but both died; Farmer father faced long delays, got money but lodged a compliant, Consumer Commission orders bank to pay Rs 15,000 relief

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Mother nominated son for savings account, but both died; Farmer father faced long delays, got money but lodged a compliant, Consumer Commission orders bank to pay Rs 15,000 relief - The Times of India

When you add a nominee to any of your savings or investment accounts, the idea is that the person will get the money when you pass away. But what if the nominee and the holder both pass away?

Mumbai Consumer Commission Orders HDFC Bank To Pay ₹92,525 To Fraud Victim, Cites Service Deficiency

Card-machine payments delayed 457 days; commission orders Rs 40,000 compensation to businessman - The Times of India

His son died, and LIC denied father Rs 5 lakh over alleged undisclosed heart condition; Consumer Commission finds no reliable medical proof, orders Rs 5 lakh plus 7% interest and Rs 10,000 - The Times...

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Mother nominated son for savings account, but both died; Farmer father faced long delays, got money but lodged a compliant, Consumer Commission orders bank to pay Rs 15,000 relief - The Times of India

Mumbai Consumer Commission Orders HDFC Bank To Pay ₹92,525 To Fraud Victim, Cites Service Deficiency

Card-machine payments delayed 457 days; commission orders Rs 40,000 compensation to businessman - The Times of India

His son died, and LIC denied father Rs 5 lakh over alleged undisclosed heart condition; Consumer Commission finds no reliable medical proof, orders Rs 5 lakh plus 7% interest and Rs 10,000 - The Times...