By Dr. Neelam Rani and Samarth Saxena

Try and remember the first time you opened a fixed deposit with your bank. Among the many details that your banker would have requested you for, you would have also been asked to give the details of a ‘nominee’. Many people opening bank accounts or starting to invest don’t really understand the concept of nomination. They often consider it to be a simple arrangement wherein post their death, the nominee

Read more: EconomicTimes

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