How do I get my mother's FD claimed after name changed and no other proofs to show?

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Hi,

My mother name is SUNITA KUMARI on aadhar, PAN, And recently we found that she had an old Fixed Deposit of Rs.40k in Punjab National Bnak in year 2001, and now that amount maturity is almost Rs.1,60,000, but now problem is arising that, that time my mom use to write SUNITA GUPTA and branch manager saying, we cant help you. You have to bring the saving account of SUNITA GUPTA then only you can withdraw money of Rs.1.6 lakh

Today we submitted affidavit signed by notary of “kumari and gupta to be same person” to bank, and still they are saying, this affidavit is useless, because we want sunita GUPTA’s account only to transfer money. But mother has only saving account in the name of sunita kumari only.

so guys what is the alternative solution now ? or my money stucked ? confused

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Was there any savings account in PNB of our mother where name was changed?
If you have any documents of that you can mention that along with it.

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kool wrote:

Hi,

My mother name is SUNITA KUMARI on aadhar, PAN, And recently we found that she had an old Fixed Deposit of Rs.40k in Punjab National Bnak in year 2001, and now that amount maturity is almost Rs.1,60,000, but now problem is arising that, that time my mom use to write SUNITA GUPTA and branch manager saying, we cant help you. You have to bring the saving account of SUNITA GUPTA then only you can withdraw money of Rs.1.6 lakh

Today we submitted affidavit signed by notary of “kumari and gupta to be same person” to bank, and still they are saying, this affidavit is useless, because we want sunita GUPTA’s account only to transfer money. But mother has only saving account in the name of sunita kumari only.

so guys what is the alternative solution now ? or my money stucked ? confused

Why account name is different from your documents name…if it is bank side error then bank should rectify it.
If account opened with different documents having old name then you must produce affidavit along with newspaper cutting about name change..

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InvestPotato wrote:

Was there any savings account in PNB of our mother where name was changed?
If you have any documents of that you can mention that along with it.

in same branch saving account is on the name of KUMARI.

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InvestPotato wrote:

Was there any savings account in PNB of our mother where name was changed?
If you have any documents of that you can mention that along with it.

they are only asking me to give GUPTA’s saving account then only they will transfer the money, else wont

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kool wrote:

in same branch saving account is on the name of KUMARI.

Is FD not linked to that bank account? AFAIK, FDs are mostly linked to a Savings Account and ideally the amount should be credited bank to Savings bank on maturity automatically.

do not panic

1. First may be get the statement of the FD/savings bank account (atleast the year FD was opened). You can get it online or from bank. They cannot deny for savings account alteast. (they may charge nominal 100-150)
2. See if the money was transferred from savings account to FD. the opening date of FD and outwards transaction on savings bank will be same (1-2 days gap). There can be some reference number/details that could help.
3. If you can get the FD statement too. You can verify that with savings account.

If this are true, you can say that see money was transferred from savings to fd and you should credit the money bank to savings account on matiruty

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kool wrote:

they are only asking me to give GUPTA’s saving account then only they will transfer the money, else wont

Stay strong, Bank manager might know your situation and trying to use it for their benefits.

Also one thing to note, if possible do not disclose your situation to this institutions like bank/insurances agents etc. they will try to take advantage.

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Second option would be to add your name too in the same FD and then withdraw the same in your savings bank account.

I am not sure if that possible.

Manager only savings to bring account of gupta is not possible and playing games with you.

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manager harami tang kar rha hai apko. ombudsman ko mail likh do paisa a jaega.
tension mat le bhai sab desidime family apke saath ha

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Is there any document of your mother in the earlier name like School leaving certificate etc?

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kukdookoo wrote:

manager harami tang kar rha hai apko. ombudsman ko mail likh do paisa a jaega.
tension mat le bhai sab desidime family apke saath ha

Even I will do the same if I am in place of that manager.

He is not doing any bad.

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Your mother must have some proof like dob certificate, or 10th marksheet or voter id .

If not having that proof now just try to complain in the regional office of the concerned bank.

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rogerthat wrote:

Your mother must have some proof like dob certificate, or 10th marksheet or voter id .

If not having that proof now just try to complain in the regional office of the concerned bank.

Complaint won’t help.
For name change proper procedure had to be followed.

All requirements/procedure is shared on 2nd post of the thread.

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InvestPotato wrote:
if possible do not disclose your situation to this institutions like bank/insurances agents etc. they will try to take advantage.

surely not always☹?

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rajenNDR wrote:

Why account name is different from your documents name…

Seems like a before marriage and after marriage account/FD

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Ramta_Jogi wrote:

Seems like a before marriage and after marriage account/FD

no,

that time in year 2001 old branch manager had a good relation with our family, and he opened 16 FD and saving accounts with different names just to hit his target, like kumari, gupta, devi etc. And after 5 year he got transferred to other city, and now retired in 2021, later we just closed the account like devi, nick name of ours like chintu, munni, lucy (we were kids that time) etc.

Only we forget to close this GUPTA name account. And now new manager of 2021 is saying Modi Govt has made mandatory to verify account using PAN, UID, if it wont match we cant give you money. confused

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panchabhut wrote:

Is there any document of your mother in the earlier name like School leaving certificate etc?

nothing we have, they knw its my account, but they are saying computer wont understand the difference of name.

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Contact manager(friend) of another bank, they will know solution.
Or see if u can change your mother’s name back to FD name
is it physical FD?

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kool wrote:

no,

that time in year 2001 old branch manager had a good relation with our family, and he opened 16 FD and saving accounts with different names just to hit his target, like kumari, gupta, devi etc. And after 5 year he got transferred to other city, and now retired in 2021, later we just closed the account like devi, nick name of ours like chintu, munni, lucy (we were kids that time) etc.

Only we forget to close this GUPTA name account. And now new manager of 2021 is saying Modi Govt has made mandatory to verify account using PAN, UID, if it wont match we cant give you money. confused

That’s fucked up

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InvestPotato wrote:

Is FD not linked to that bank account? AFAIK, FDs are mostly linked to a Savings Account and ideally the amount should be credited bank to Savings bank on maturity automatically.

do not panic

1. First may be get the statement of the FD/savings bank account (atleast the year FD was opened). You can get it online or from bank. They cannot deny for savings account alteast. (they may charge nominal 100-150)
2. See if the money was transferred from savings account to FD. the opening date of FD and outwards transaction on savings bank will be same (1-2 days gap). There can be some reference number/details that could help.
3. If you can get the FD statement too. You can verify that with savings account.

If this are true, you can say that see money was transferred from savings to fd and you should credit the money bank to savings account on matiruty

No, account is linked with FD, that time in 2001, FD was separate instrument with own acc no. and customer ID.

Old manager said to open a new account anywhere in India with GUPTA name,then money can be transferred but how to possible to open a new account without PAN/UID with different name?

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kool wrote:

nothing we have, they knw its my account, but they are saying computer wont understand the difference of name.

Its not about computer…
Computer only understand account number and IFSC codes….Name does not matter to system when transferring money.

It is mandatory from years to verify customer/KYC ..For Physical FD accounts bank will ask for some sort of ID proof along with cancel cheque to issue your maturity transfer.

What I understand is that it was just a fake name as your close Branch Manager wanted to have accounts opened under different names. Also since FD was opened in year 2001 bank wont be having any documents around it..

Unfortunately you will have to follow the procedure for name change. No other option as I see as per rules.

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Moderator

He’s right. Notary affidavit is useless. Get it signed with a magistrate at least so that you can file legal charges against him if he fails to comply with that.

Another thing, how can they stop any FD money?? Isn’t that supposed to get added to savings account at the end of tenure?

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kool wrote:

No, account is linked with FD, that time in 2001, FD was separate instrument with own acc no. and customer ID.

Old manager said to open a new account anywhere in India with GUPTA name,then money can be transferred but how to possible to open a new account without PAN/UID with different name?

You can ask the same to him. Since he worked on banking department, He might have sources

Its a very extra ordinary situation, Not sure how to do in this case.

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caks2006407 wrote:

Contact manager(friend) of another bank, they will know solution.
Or see if u can change your mother’s name back to FD name
is it physical FD?

yes, my mother cant change the name, as there are other 5 accounts are linked to new NAME,

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deb3l wrote:

He’s right. Notary affidavit is useless. Get it signed with a magistrate at least so that you can file legal charges against him if he fails to comply with that.

Another thing, how can they stop any FD money?? Isn’t that supposed to get added to savings account at the end of tenure?

Physical FDs…
not linked to any bank accounts…so unless someone produces account/ID with the name on FD they wont give the money.

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So should we find a ‘sunita gupta’ for OP to get the fd transferred to ‘that’ account and then transfer to OP ?

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Tedious task. Lot of paper work and approach top executive. Base branch managers don’t take things on themselves after choksi and malya…specifically PSU’s

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deb3l wrote:

He’s right. Notary affidavit is useless. Get it signed with a magistrate at least so that you can file legal charges against him if he fails to comply with that.

Another thing, how can they stop any FD money?? Isn’t that supposed to get added to savings account at the end of tenure?

No bro

You don’t know all the rules

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rogerthat wrote:

No bro

You don’t know all the rules

Okay, tell me then.. what’s missing. Have done that recently. So suggesting the same.

Missing