BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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If the claim is exceeding____claims can be settled by legal evidence that is by probate of will or succession certificate in Post Office Saving Schemes?
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three lakh
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four lakh
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one lakh
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six lakh
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Explanation:
Detailed explanation-1: -If the claim is exceeding one lakh, claims can be settled by legal evidence ie, by probate of will or succession certificate.
Detailed explanation-2: -Place : Date : Encl: As above. I know the deceased and his/her family since last years. The person(s) named above is/are the only legal heir(s) of the deceased entitled to succeed to the estate of the deceased.
Detailed explanation-3: -Minimum INR. 500/-Maximum INR. 1, 50, 000/-in a financial year. Deposits can be made in lump-sum or in installments. (i) a single adult by a resident Indian. Note:-Only one account can be opened all across the country either in Post Office or any Bank.
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