Table of Contents
- 1 How do you withdraw from thumb impressions?
- 2 Can a illiterate person open a bank account if yes explain how?
- 3 What is an illiterate account?
- 4 Can other person withdraw money from my bank account?
- 5 Can we use thumb impression on cheque?
- 6 Is the bank based on left hand thumb impressions?
- 7 Can ATM cards be issued to illiterate customers?
How do you withdraw from thumb impressions?
Where the customer cannot even put his/her thumb impression and also would not be able to be physically present in the bank, a mark can be obtained on the cheque/withdrawal form which should be identified by two independent witnesses, one of who should be a responsible bank official.
Can a illiterate person open a bank account if yes explain how?
R: Yes. At the discretion of the Bank, an illiterate person is allowed to open accounts jointly with a person who is literate and closely related to him. Mode of operation has to be jointly operated in that case. Operation by ‘Either or Survivor’ former or survivor ‘or’ latter or survivor’, etc.
Can we give ATM card to illiterate person?
The Bank may at its discretion open deposit accounts other than Current Accounts of illiterate person. The Bank will explain the need for proper care and safe keeping of the passbook etc. given to the account holder. In case of blind persons who are literate, ATM /Debit card, cheque book, etc facilities will be given.
How can an illiterate person sign a cheque?
The signature may be attested by any other member of the family also. If she is illiterate she will not be issued cheque book and for every payment she will have to give the discharge in the presence of an independent witness.
What is an illiterate account?
Accounts of Illiterate persons Accounts can be opened in the single name of the illiterate person using thumb impression. Normally, the opening of a joint account with an illiterate person is not permitted in banks.
Can other person withdraw money from my bank account?
While taking out money from your account using the bank’s withdrawal form, it’s mandatory to have a bank passbook. So, no one else can withdraw money from your account unless you give a written consent authorising another person to withdraw cash on your behalf.
Which of the following account Cannot opened by illiterate?
Illiterate women cannot open any account in a bank.
What is illiterate person account?
A blind/visually-impaired person can open Savings, RD, MIS, TD, SCSS and PPF accounts in his/her name independently. Procedure for opening and operating of account. The blind/visually-impaired person will not attend the counter for opening as well as operating the account.
Can we use thumb impression on cheque?
The only place on the cheque where you can legally put a thumb-impression is the signature line. However, you can put whatever you wish on the signature line, so long as the bank can photocopy it.
Is the bank based on left hand thumb impressions?
The bank goes according to the nature of thumb impressions already registered with them and it may be left hand thumb impression or right hand thumb impression. Why left hand thumb impressions are obtained?
How to open an account of an illiterate person?
Accounts of Illiterate persons. Accounts can be opened in the single name of the illiterate person using thumb impression. However, the opening of a joint account with illiterate person is not permitted in banks.
Are cheque books issued to illiterate persons in savings bank account?
Cheque books are not issued to illiterate persons in their savings bank account for safety reasons. They are given special withdrawal forms and such amount is paid on verification of identity with affixed photograph in the savings bank account passbook.
Can ATM cards be issued to illiterate customers?
RBI permits issuing of ATM Cards to illiterate persons under Basic SB A/cs: Banks while opening the BSBDA should educate such customers about the ATM Debit Card, ATM PIN and risk associated with it. However, if customer chooses not to have ATM debit card, banks need not force ATM debit cards on such customers.