RBI’s New Rule: Add Up to 4 Nominees to Your Bank Account

Big news for bank account holders! The RBI now allows you to add up to four nominees to your account, instead of just one. This change, part of the Banking Laws (Amendment) Bill, 2024, makes it easier to manage your money and distribute it fairly among your loved ones. You can also decide what percentage of your funds each nominee will receive, giving you complete control over how your money is allocated. Whether you’re opening a new account or updating an existing one, it’s easy to add or change nominees. Why this change? It reduces family disputes and legal hassles, especially in cases of unexpected events. This thoughtful update is designed to make banking smoother and more customer-friendly. Don’t wait—review your nominee details today and make the most of this new rule! For more insights :- [Fininformatory](https://www.fininformatory.in/2024/12/rbi-rules-you-can-now-add-four-nominees.html).