Succession Certificate Bank

What Happens to a Bank Account or FD After Death (India {{now.year}}): Nominee, Legal Heir & Claim Process

When a bank account or fixed deposit holder dies, the money is not lost or seized — it passes to the nominee or legal heirs. The claim is fast with a nominee and slower without one. Here is the exact process, the documents, the threshold that decides whether you need a court, and the 15-day settlement rule.