Nomination is the process of appointing a person to take care of one’s investments in the event of one’s death. For all investments except company bonds and stocks, nominationDOES NOTprovide ownership of one’s investments.The nominee will only be the custodian of the investmenttill it is ...
If you tried to link your Aadhaar with your UAN and were unable to do because of mismatch in Name,Date of Borth(DOB) or Gender in UAN data and Aadhaar data then you can use the new functionality provided in the UAN portal to update details. Article EPF UAN Correction: How to correct ...
A nomination made by a holder of Bond Ledger Account may be varied by a fresh nomination, or may be cancelled by giving notice in writing to the Authorised Bank in Form IV. Every nomination and every cancellation or variation shall be registered at the Reserve Bank of India through the au...
An MLA while filing nomination papers has to submit various documents as shown in the image below. Document submitted by a candidate for nomination State-wise income of MLAs 203 MLAs of Karnataka have the highest total and average incomes in the country — Rs 226.09 crore and Rs 111.37 lakh...
In case there is no nomination or assignment in a policy, the benefit will be paid out only after the claimant has provided documentary proof of entitlement. All life insurance policies have a two-year contestability, which means during that period, a large number of claims get rejected because...