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		<title>SBI Cancellation of existing Nomination in the account (Form DA -2)</title>
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		<dc:creator><![CDATA[CA Satbir Singh]]></dc:creator>
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					<description><![CDATA[<p>SBI Cancellation of existing Nomination in the account (Form DA -2) SBI Cancellation of existing Nomination in the account (Form DA -2) Based on the document provided, here are the key points regarding the SBI Request for cancellation of Nomination (Form DA-2) for NRE, NRO, and FCNR(B) accounts: Purpose and Legal Authority Objective: This form… <span class="read-more"><a href="https://www.taxheal.com/sbi-cancellation-of-existing-nomination-in-the-account-form-da-2.html">Read More &#187;</a></span></p>
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										<content:encoded><![CDATA[<h2 style="text-align: center;">SBI Cancellation of existing Nomination in the account (Form DA -2)</h2>
<p>SBI Cancellation of existing Nomination in the account (Form DA -2)</p>
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<p data-path-to-node="0">Based on the document provided, here are the key points regarding the <b data-path-to-node="0" data-index-in-node="70">SBI Request for cancellation of Nomination (Form DA-2)</b> for NRE, NRO, and FCNR(B) accounts:</p>
<h3 data-path-to-node="1">Purpose and Legal Authority</h3>
<ul data-path-to-node="2">
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<p id="p-rc_4120ab5290d511f9-549" data-path-to-node="2,0,0"><span data-path-to-node="2,0,0,0"><b data-path-to-node="2,0,0,0" data-index-in-node="0">Objective:</b> This form is used to officially cancel a previously made nomination for bank deposits</span><span data-path-to-node="2,0,0,2">.</span></p>
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<p id="p-rc_4120ab5290d511f9-550" data-path-to-node="2,1,0"><span data-path-to-node="2,1,0,0"><b data-path-to-node="2,1,0,0" data-index-in-node="0">Regulatory Framework:</b> The cancellation is governed by <b data-path-to-node="2,1,0,0" data-index-in-node="54">Section 45ZA</b> of the Banking Regulation Act, 1949, and <b data-path-to-node="2,1,0,0" data-index-in-node="108">Rule 2(5)</b> of the Banking Companies (Nomination) Rules, 1985</span><span data-path-to-node="2,1,0,2">.</span></p>
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</ul>
<h3 data-path-to-node="3">Required Details</h3>
<ul data-path-to-node="4">
<li>
<p id="p-rc_4120ab5290d511f9-551" data-path-to-node="4,0,0"><span data-path-to-node="4,0,0,0"><b data-path-to-node="4,0,0,0" data-index-in-node="0">Depositor Information:</b> The form requires the full name and address of the depositor(s)</span><span data-path-to-node="4,0,0,2">.</span></p>
<p>&nbsp;</li>
<li>
<p id="p-rc_4120ab5290d511f9-552" data-path-to-node="4,1,0"><span data-path-to-node="4,1,0,0"><b data-path-to-node="4,1,0,0" data-index-in-node="0">Nominee Identification:</b> The name of the original nominee being removed must be explicitly stated</span><span data-path-to-node="4,1,0,2">.</span></p>
<p>&nbsp;</li>
<li>
<p id="p-rc_4120ab5290d511f9-553" data-path-to-node="4,2,0"><span data-path-to-node="4,2,0,0"><b data-path-to-node="4,2,0,0" data-index-in-node="0">Account Specifics:</b> You must provide the type of deposit (NRE/NRO/FCNR), the account number, and any relevant additional details</span><span data-path-to-node="4,2,0,2">.</span></p>
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</li>
</ul>
<h4 data-path-to-node="5">Execution and Verification</h4>
<ul data-path-to-node="6">
<li>
<p id="p-rc_4120ab5290d511f9-554" data-path-to-node="6,0,0"><span data-path-to-node="6,0,0,0"><b data-path-to-node="6,0,0,0" data-index-in-node="0">Signatures:</b> The request must be signed by the applicant(s)</span><span data-path-to-node="6,0,0,2">.</span></p>
<p>&nbsp;</li>
<li>
<p id="p-rc_4120ab5290d511f9-555" data-path-to-node="6,1,0"><span data-path-to-node="6,1,0,0"><b data-path-to-node="6,1,0,0" data-index-in-node="0">Witness Requirement:</b> If the depositor uses a <b data-path-to-node="6,1,0,0" data-index-in-node="45">thumb impression</b> instead of a signature, it must be attested by <b data-path-to-node="6,1,0,0" data-index-in-node="109">two witnesses</b> who provide their names and addresses</span><span data-path-to-node="6,1,0,2">.</span></p>
<p>&nbsp;</li>
<li>
<p id="p-rc_4120ab5290d511f9-556" data-path-to-node="6,2,0"><span data-path-to-node="6,2,0,0"><b data-path-to-node="6,2,0,0" data-index-in-node="0">Minors:</b> If the account was opened in the name of a minor, the cancellation must be signed by the person lawfully entitled to act on that minor&#8217;s behalf</span><span data-path-to-node="6,2,0,2">.</span></p>
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</ul>
<h4 data-path-to-node="7">Process for the Customer</h4>
<ul data-path-to-node="8">
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<p id="p-rc_4120ab5290d511f9-557" data-path-to-node="8,0,0"><span data-path-to-node="8,0,0,0"><b data-path-to-node="8,0,0,0" data-index-in-node="0">Acknowledgement:</b> The bank provides a &#8220;Customer Acknowledgement Copy&#8221; at the bottom of the form, which includes the account number, holder&#8217;s name, and the date of receipt</span><span data-path-to-node="8,0,0,2">.</span></p>
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</li>
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<p id="p-rc_4120ab5290d511f9-558" data-path-to-node="8,1,0"><span data-path-to-node="8,1,0,0"><b data-path-to-node="8,1,0,0" data-index-in-node="0">Official Validation:</b> To be valid for the customer&#8217;s records, this receipt must be signed by an authorized official and carry the branch seal and stamp</span><span data-path-to-node="8,1,0,2">.</span></p>
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</li>
</ul>
</div>
<h4>Download PDF <a href="https://www.taxheal.com/wp-content/uploads/2026/05/NRI_8.1.pdf" target="_blank" rel="noopener">click here</a></h4>
<p><a href="https://www.taxheal.com/wp-content/uploads/2026/05/Untitled.png-bank-pdf.png"><img fetchpriority="high" decoding="async" class="alignnone wp-image-127437 size-full" src="https://www.taxheal.com/wp-content/uploads/2026/05/Untitled.png-bank-pdf.png" alt="SBI Cancellation of existing Nomination in the account (Form DA -2)" width="600" height="337" /></a></p>
<h4>Read more</h4>
<p><a href="https://www.taxheal.com/sbi-request-for-nomination-in-the-account-form-da-1.html" target="_blank" rel="noopener">SBI Request for Nomination in the account (Form DA -1)</a></p>
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<p><strong>for more refer SBI website <a href="https://sbi.bank.in/" target="_blank" rel="noopener">click here</a></strong></p>
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