Banking Nomination Rules CHANGED! (Up to 4 Nominees Now!)

Watch video to know more about the recent changes made to the Banking Nomination Rules called Banking Laws (Amendment) Act, 2024. The biggest change is that you will now be able to nominate up to 4 people for your bank deposits and safe deposit lockers. No more opening of multiple accounts for the sake of having multiple nominees! Watch video to understand how this change can help you ease transfer of your assets to your loved ones and also help plan your finances better. 0:00 Intro 0:42 What's Nomination? 1:10 Old Nomination Rules 1:38 New Nomination Rules 2:09 Successive Nomination 3:03 Simultaneous Nomination 4:06 Order of Priority Download The Banking Laws (Amendment) Bill, 2024: https://sansad.in/getFile/BillsTexts/... #nomination #nominee #bankinglaw #bank #banking #rules #regulation #successive #simultaneous #deposit #banklocker #safe #order #priority #whatsnew #new