how to change name on bank account

04 Aug 2022

How To Write Bank Account Name Modify Application?

A detailed account of the process for Bank Account Proper noun Modify

Central Takeaways

• Changing your name is a 3-stride legal process.
• You have to write an application to the bank to change your name on your bank account.
• Y'all must provide relevant documents supporting the name change.
• You lot can likewise have your name changed on passbooks, cheque books, debit cards etc.
• Y'all can alter your name for various reasons like union, modify in spelling, etc.

Introduction

Miss Sheena Melvin Das recently got married. Upon becoming a Missus, she decided to honour her husband by taking his final proper name. She decided to change her name to Sheena Raymond Diaz. She needed to ensure all her documents legally had her new name, including her banking company accounts. Like Ms. Das, y'all too may want to change your proper noun for a legit reason. This article highlights a few reasons why one may wish to change their proper noun, how they can become about it and how they can update their changed name with their banks.

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Most Likely Reasons You lot Would Want a Name Modify

• Irresolute Offset and/or Last Name after matrimony.
• Changing Name later Divorce
• Combining Two Last Names subsequently marriage
• Changing name for various other reasons (religious, numerological, personal etc.)

three-Step Procedure to Modify Your Name Legally

Before changing your name in the banking company or your identity proofs, due east.g., PAN menu, Aadhar Card or Driving License etc., yous need to alter your proper noun legally. Information technology is a 3-footstep procedure involving notarised Affidavit, Newspaper Advertisement and Gazette Notification.

1. You must sign an affidavit on the suggested stamp paper stating your reason for the proper noun change along with your new proper noun, and the affidavit should be notarised.
2. Publish an ad in ii local newspapers, informing almost the proper name change. You must too become your name published in your state gazette past submitting the relevant forms and newspaper publications.
3. You will receive copies of the Gazette on which the name change notification has been published.

Only after legally changing your name can you lot utilize for a name modify in banks and other institutions.

Steps to Alter Your Banking company Business relationship Name

1. You must present a signed written application to the depository financial institution. Y'all can refer to the post-obit sample letter of the alphabet.

   To,

   The Branch Manager

   (Depository financial institution proper noun, address)

   Subject field: Awarding for Changing the Name of the Bank Account.

   Sir/Madam,

   I, (your name), concord a banking company account with account number (your depository financial institution business relationship number), in your branch (your current branch). I take legally changed my proper noun and would like to update the new name in my bank business relationship. A copy of the notarised affidavit, gazette notification and newspaper publications are enclosed for your reference.

   Kindly do the needful at the earliest.

   Cheers.

   Yours Sincerely

   (Proper noun and Signature)

2. Attach the Notarised Name Change Affirmation, Gazette Notification, Marriage Certificate (in case of name alter subsequently marriage) and copies of Newspaper Publications.
3. Afterwards your application is verified and acknowledged, the banking concern volition initiate the process to alter your proper name in its system.
4. One time this process is completed, the bank will notify you via SMS or email.
5. You tin can apply for your new name to exist printed on the passbooks, bank check books, debit cards, credit cards etc., too.

Conclusion

If you change your name, you must follow the above procedure. Only after you change your name legally tin can yous apply to alter it in your bank accounts. You tin send your bank account name change application online also as by visiting your banking concern branch.

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*Disclaimer: This article is for information only. We recommend y'all become in impact with your income revenue enhancement counselor or CA for expert advice.

Go along Reading

Source: https://www.dbs.com/digibank/in/articles/save/bank-account-name-change-application#:~:text=You%20have%20to%20write%20an,%2C%20change%20in%20spelling%2C%20etc.

Posted by: billswiclactustob.blogspot.com

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