A very big update from the Finance Ministry has come out through the media, we will tell you about it in detail. Changes have been made in the new rules for many small savings including PPF and SCSS and these new rules are considered very important. Let us tell you in detail, if you are also investing in a savings account, then it is very important for you to know this information, recently this information has come out.
In the new rule, a person adds a nominee to his account. In such a case, the option of adding a new nominee has also been changed and earlier ₹50 had to be paid. Now this fee was to stop people from updating their nominees. But now a big update has come in this regard as well. Let us tell you about the nominee as well. Changes have been made in this regard.
Change in the rule for adding nominee
A big update has come out regarding the PF account holder. It is being told that there has been a change in the nominee. This information has come to light through social media and media reports, which states that if the account holder dies and there is no nominee, then the family has to face a lot of legal difficulties to get the money. In such a situation, if a nominee is left, then the money is easily given to this person.
Now according to the information that has come out, according to the website of ICICI Bank, the 9th is the person to whom the account holder gives the right to receive the money deposited in the account after his death. A big change has also been made in this. You can get more information by contacting your account holder or branch.