Nomination da1 form 2025

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Form DA1- Nomination Form Nomination under Sec. 45ZA of the Banking Regulation Act, 1949 and Rule 2(1) of the Banking. Companies(Nomination) Rules, 1985 in respect of Bank deposits.
Nomination is part of the process of selecting a candidate for either election to a public office, or the bestowing of an honor or award. A collection of nominees narrowed from the full list of candidates is a short list.
What is DA1 DA2 and DA3 form? While form DA1 is to be used for a fresh nomination, DA2 and DA3 are for cancellation and modification. These forms can also be downloaded from your Banks website.
While opening a Bank Account or applying for an investment like a Fixed Deposit, Recurring Deposit, or Mutual funds, you may notice a column in the form wherein you are required to enter the nominee details. While it is not a mandatory requirement to have a nominee, it is highly recommended.
How to fill out the Nomination Form DA 1 for Bank Deposits? Start with your name and address on the form. Fill in the nominees complete details as requested. Specify the nominees relationship with you. If the nominee is a minor, appoint a guardian with their details. Sign and date the form and have it witnessed.
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