Can we open a joint account with one person with LTI.?

Discussion in 'IIBF JAIIB CAIIB' started by Ajay Gaurav, Oct 9, 2017.

  1. Ajay Gaurav

    Ajay Gaurav New Member

    Can we open a joint account with one person with LTI.?
     
  2. Ajay Gaurav

    Ajay Gaurav New Member

    No, u cannot open a joint account with one Illiterate person and one literate
     
  3. Nitant Sharma

    Nitant Sharma New Member

    Yes you can...bt Operating instruction has to be jointly and no ADC facility can be provided....!!!
     
  4. Salem Rajareddy

    Salem Rajareddy New Member

    Yes we can. But account will be operated by lti and literate jointly. In special case lti can give mandate to literate for operating
     
  5. Sanjeev Patel

    Sanjeev Patel New Member

    U can open joint a/c but withdrawal should be done by illiterate only.
     
  6. Sachin Agarwal

    Sachin Agarwal New Member

    Yes,but illiterate is 1st holder and mod of oper will be former or survivor
     
  7. rafass

    rafass Member

    As per Our policy , when customer approaching for such a operation ac ,Ac should be opened with prior approval of the Ro
     
  8. Jayesh Mourya

    Jayesh Mourya New Member

    Yes of course.. with operation as former or survivor... and person with lti being first holder
     
  9. Humraj Sandhu

    Humraj Sandhu New Member

    Yes . Illiterate would be former other survivor .If both are illiterate then joint operations .
     
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