Death of FCNR(B) Depositor

PPB Operational Aspects of NRI Business Free JAIIB Capsule 27 views Updated
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PPB · Operational Aspects of NRI Business
If the sole holder of an FCNR(B) deposit dies before maturity, how is the interest calculated if claimed immediately by the resident nominee?
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If the sole holder of an FCNR(B) deposit dies before maturity, how is the interest calculated if claimed immediately by the resident nominee?

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This capsule covers Principles & Practices of Banking, Operational Aspects of NRI Business. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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