Post Office Claim Under Protected Savings from Download

Post Office Claim Under Protected Savings

This document is form SB 101, used to file a death claim to receive the full maturity value of a 5-year Post Office Recurring Deposit (RD) Account under the Scheme of Protected Savings (1004nwl0oc… p. 1).

Here are the key points of this claim form:

Purpose of the Form

Maturity Claim: Allows nominees or legal heirs to claim the full maturity value of an RD account upon the depositor’s demise, even if all 60 monthly installments were not completed (1004nwl0oc… p. 1).

Required Deceased Depositor Details

Identity: Full name (in block letters), father’s or husband’s name, and last known address (1004nwl0oc… p. 1).
Demographics: Date of birth or age declared when opening the account (1004nwl0oc… p. 1).
Death Particulars: Date and exact place of death (1004nwl0oc… p. 1).
Account Info: RD account number, denomination (monthly deposit amount), date of opening, home post office, and controlling Head Post Office (1004nwl0oc… p. 1).

Claimant & Family Structure

Claimant Profile: Names, addresses, and exact relationships of the claimants to the deceased (1004nwl0oc… p. 1).
Near Relatives: A mandatory table listing all near living relatives of the deceased, tracking their names, ages, and relationships (1004nwl0oc… p. 1).

Critical Rules & Declarations

One-Account Limit: The protected savings benefit can only be claimed for one RD account (1004nwl0oc… p. 2).
Other Accounts: Claimants must declare any other RD accounts held by the deceased. For those secondary accounts, they forfeit the full maturity benefit and only receive regular proportionate payouts under standard RD rules (1004nwl0oc… p. 2).
Exclusivity Pledge: Claimants must formally certify that they have not claimed this benefit for any other account and will not do so in the future (1004nwl0oc… p. 2).

Documentation & Verification

Mandatory Proof: An official Death Certificate issued by a competent authority must be attached to the form (1004nwl0oc… p. 2).
Nominee Check: The claimants certify that they are the registered nominees in post office records (1004nwl0oc… p. 2).
Witness Attestation: Requires signatures, names, and addresses from two independent witnesses to verify the claimant’s identity and details (1004nwl0oc… p. 2).