Wednesday, July 8, 2020

Advisory Alert from KVB

Dear Customer,

This is to inform you that,


Greetings from Karur Vysya Bank ..!

At the outset, we thank you for patronizing our Bank. You are one of our esteemed customers who have bestowed trust upon our bank by placing deposits with us.

While we offer a gamut of services and facilities to our customers, nomination is one of the facilities offered by Banks to account holders to enable quicker settlement of funds, in the unfortunate event of the account holders not surviving the tenure of the deposit. In such cases, nomination helps in settlement of claims without undergoing the hassles of submitting various documentary proofs, which would otherwise be required in the absence of nomination, to rightfully claim the funds in the accounts. The facility of nomination is offered by the Banks in accordance with RBI guidelines. Banks offer nomination facility for the following categories of accounts


  1. Individual and sole proprietorship Current accounts
  2. Savings accounts
  3. Term Deposits
  4. Recurring Deposits
  5. Locker bins
  6. Demat accounts

However, we observe that nomination is not registered for the accounts under the customer ID XXXX51 that stand in your name with us. We hereby make it known to you that nomination can be registered even for joint savings accounts. It is our earnest request to you to avail nomination facility for all your accounts (including lockers) maintained with our branches so as to ensure hassle-free settlement of claims to the nominee, should be need arise.

Please visit your branch for further details.

Assuring best of our services at all times.

Regards
Karur Vysya Bank








This E-Alert was automatically generated by the system. Please do not reply to this mail. For any further clarifications, kindly contact your Home branch/our Helpline Number 1860 258 1916 (Local call charges applicable)

No comments:

Post a Comment