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Tax & ComplianceLiveMint — Money

Bank account nominee dies before the holder? Know what happens to the money

7 Oct 2026 · 7 Oct 2026Source: LiveMint — Money

What happens if a bank account nominee dies before the account holder? Know the latest rules on simultaneous and successive nominations, how the deceased nominee’s share is treated, and what legal heirs may need to do to claim the money.

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This digest is published with acknowledgment to LiveMint — Money. For the complete analysis, headnotes, and citations, please refer to the source.

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