PPBL INTERNAL
1. Claim application from Nominee
To From
The Branch Manager ______________________ (Name of requestor)
Paytm Payments Bank Limited ________________ (Email id & Phone number)
____________________ (Address of requestor)
____________________ Date: [Link]
SUB: Settlement of claims in respect of deceased account holder
Dear Sir/Madam,
I would like to inform that Shri/Smt _________________ <Name of deceased account holder>died on
___________________ <Date of death as per death certificate>at _______________< City>. He/She
maintains an account(s) with your bank. Particulars of the account are as follows:
1 Name of the deceased account holder
2 Account number
3 Date of birth ([Link]) & Age
4 Nominee Name
5 Nominee Date of Birth
6 Nominee Relationship with the
deceased.
8. Account number and IFSC Code
Case: When nominee details are recorded and nominee is not a minor
I_____________________________, son/daughter of Shri
A
__________________________, residing at ___________________ is the
registered nominee of the account held by the deceased.
Case: when nominee details are recorded and nominee is minor
I ____________________________, residing at ____________________ is the legal
B
guardian of ___________________________, who is registered nominee for the
above mentioned account
I request the Branch Manager, Paytm Payments Bank Limited, _____________________ branch, to
pay the proceeds of the deposits mentioned above to me as nominee of
________________________________________ (deceased constituent). I understand that this
payment is made only as a trustee of the legal heirs of the deceased late _____<enter name of
deceased>____________. I hereby agreed and understand that the payment released to me/us in
accordance with the request shall constitute a full discharge of Paytm Payments Bank Limited from its
liability in respect of the deposit:.
PPBL INTERNAL
PPBL INTERNAL
The following documents (photocopy) are provided along with the originals for due verification. Please
return original documents to us in due course.
Death certificate _______________ (Registered Number)
Nominee Id proof ________________ (ID proof Number)
Nominee Address proof _______________ (Document name)
Bank statement of nominee __________________________________
(Bank name and Statement month)
OR
Cancelled Cheque
I authorize Paytm Payments Bank Limited to return the pipeline flows to the remitter with the remark
"Account holder deceased" and to intimate me. Whereafter I/We could then approach the remitter
to effect payment through a negotiable instrument or through ECS transfer or through any other
suitable mode in the name of the appropriate beneficiary.
I hereby declare that the information furnished is complete, true and correct to the best of my
knowledge and that I have not omitted or suppressed any information called for under any of the
above columns.
Date:
Place:
Signature of the Nominee: __________________________
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For Official Use of the Bank
After proper scrutiny of the claim application, personal interview with the claimant(s) (Nominee(s))
and verification of the death certificate and declaration, I sanction the above claim as recommended
by the Grievance Officer/Branch Officer.
Place ____________________, Date _____________________
___________________________________________________
Name & Designation & Signature of Grievance Officer/Branch Officer
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Approval from Control Authority
Bank Seal
Place ___________________, Date _____________________
___________________________
Name, Designation, & Signature (Control authority)
PPBL INTERNAL
PPBL INTERNAL
2. Claim Application from Legal Heirs
To From
The Branch Manager ______________________ (Name of requestor)
Paytm Payments Bank Limited _________________ (Email id & Phone number)
____________________ (Address of requestor)
____________________ Date: [Link]
SUB: Settlement of claims in respect of deceased account holder (without nominee)
Dear Sir/Madam,
I/We would like to inform that Shri/Smt _________________ <Name of deceased account
holder>died on ___________________ at _______________<City>. He/She maintains an account(s)
with your bank. I/We, the undersigned, hereby declare that I/We am/are the rightful legal heir(s) of
the deceased ______________________________________, entitled to receive the amount due on
the deposit(s). Payment released to me/us in accordance with the request shall constitute a full
discharge of Paytm Payments Bank Limited from its liability in respect of the deposit:
Particulars of the account are as follows:
1 Name of the deceased account
holder
2 Account number
3 Date of birth ([Link]) & Age
Particulars of the account where funds to be transferred
1 Name of account holder
2 Account number and IFSC Code
I/We request the Branch Manager, Paytm Payments Bank Limited, _____________________ branch,
to pay the proceeds of the deposits mentioned above to me/us as legal heir of
________________________________________ (deceased constituent).
I/ We Authorize Paytm Payments Bank Limited to return the pipeline flows to the remitter with the
remark "Account holder deceased" and to intimate me/us. Whereafter I/we could then approach the
remitter to effect payment through a negotiable instrument or through ECS transfer or through any
other suitable mode in the name of the appropriate beneficiary.
The following documents (photocopy & Original) are provided for due verification. Please return
original documents to us in due course.
Death certificate _________________________________ (Registered Number)
Legal heir Id proof & ______________________________ (ID proof Number)
Legal heir Address proof ___________________________ (Document name)
Succession certificate or certificate of probate issued by ____________________________
Indemnity bond submitted _______________________ (Yes |No)
Letter of disclaimer signed by _________________________________________________
Bank statement of claimant or Cancelled Cheque __________________________________
PPBL INTERNAL
PPBL INTERNAL
(Bank name and Statement Month)
I/We hereby declare that the above information furnished is complete, true and correct to be the best
of my knowledge and that I/we have not omitted or suppressed any information called for.
Date:
Place:
Name of Claimant (s) Relationship with customer Signatures/Thumb Impression
1.__________________ _____________________ _______________________
2.__________________ _____________________ _______________________
3.__________________ _____________________ _______________________
4.__________________ _____________________ _______________________
5.__________________ _____________________ _______________________
--------------------------------------------------------------------------------------------------------------------------- For
Official Use of the Bank
After proper scrutiny of the claim application, personal interview with the claimant and verification of
the death certificate and declaration, I sanction the above claim as recommended by the Grievance
officer/Branch Officer.
Date:
_________________________________________________
Name & Signature of the Branch Manager/Grievance Officer
Approval from Control Authority
Bank Seal
Place ____________________, Date _____________________
_________________________________________
Name, Designation, & Signature (Control authority)
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PPBL INTERNAL
PPBL INTERNAL
3. Form 'A’ Letter of Disclaimer
(Needed when all legal heirs submit claim form and nominate only one person to receive money)
The Branch Manager,
Paytm Payments Bank Limited Date:-
____________ Branch
Dear Sir,
Re: Settlement of claims in respect of deceased account holder (without nominee)
Our ___________________ Shri/Smt. _______________________________ who holds the following
account with you died on _________________.
Relationship Type Balance
Savings A/c:
Wallet :
RuPay insurance against card :
I/We, the undersigned, along with Shri/Smt. _______________________________ and Shri/Smt
_______________________________ has/have applied to you for refund/delivery of the amount(s)
outstanding in the above account(s).
I/We hereby authorize Shri/Smt. _____________________________________ and Shri/Smt.
____________________________________ to receive the claim money/assets detailed above on our
and their own behalf. I/We declare that the claimant Shri/Smt. _______________________________
and Shri/Smt. ___________________________is/are the legal representative entitled to receive the
amount of deposit in the name of the deceased and that I/We have no objection, if the Bank in
pursuance of the request by me/us, refunds/delivers the amount/assets to him/her/them. Such
delivery of the payment of the balance in the above account would be completely binding on us and
we will not question the Bank’s action in so doing, in any proceedings. I/We also undertake to bind
ourselves, our heirs and legal representatives not to revoke the declaration made herein. We also
tender an acknowledgment signed by all of us as a valid discharge of the bank’s obligations in relation
to the monies held by it in the name of ______________________.
Particulars of the account where funds to be transferred
1 Name of account holder
2 Account number and IFSC Code
(provide cancelled Cheque)
Thanking you,
Yours faithfully,
Name Age Signature
________________________ _______ ______________________
________________________ _______ ______________________
________________________ _______ ______________________
Address of primary claimant ______________________________________
_______________________________________
PPBL INTERNAL
PPBL INTERNAL
4. Letter of Indemnity [ To be stamped as per applicable stamp duty of the state ]
To,
Chief/ Branch Manager,
Paytm Payments Bank Ltd.
____________________
____________________
Date:-
IN CONSIDERATION OF your paying or agreeing to pay us, the balances in the name of
__________________, the deceased as mentioned hereunder:
Account No. Nature of Deposit Balance/Principal Amount
Savings Account
Wallet
RuPay insurance against card
Without production of Letters of Administration or a Succession Certificate to his/her estate or a
certificate from the Controller of Estate Duty to the effect that estate duty has been paid or will
be paid or none is due.
I/We of the Ist Part –
(Names of claimants to whom payment to be made)
1)
2)
3)
4)
5)
being the claimant(s) of the deceased,
Signed and Delivered
1. _______________________
2. _______________________
3. _______________________
4. _______________________
5. _______________________
(Heirs of the Deceased)
PPBL INTERNAL
PPBL INTERNAL
5. Receipt
In response to my/our request to settle funds and producing required documents. I am/we
shall receive from Paytm Payments Bank Limited (“PPBL”), _____________________ branch
a sum of Rupees _____________________________________________________Only,
standing to the credit of the account of the deceased depositor. I/We understand that PPBL
shall be making this payment to me/us as a nominee of the deceased
Late________________________________ so registered in your records. I/We do not have
any other claim from the Bank upon receipt of the monies towards the settlement of the
deceased claim.
Place:
Date:
_______________________ ______________________
Name of the Nominee & Signature
Witness:
1. Signature 2. Signature
Name Name
_________________________ __________________________
__ _
Occupation Occupation
_________________________ __________________________
Address Address
PPBL INTERNAL
