Banking law · Rules / RBI instruments
RBI Nomination Facility Directions — 2025 framework
Reviewed by CA Nikhil Gupta · Last reviewed 18 September 2026
RBI Nomination Facility Directions — 2025 framework: legal basis, scope, operative controls, evidence and primary source.
RBI DirectionsPrimary source linkedAct bridge mapped
Instrument identity and legal basis
Official source: Open the primary instrument / official index
Scope and operative requirement map
Operative requirement 1
Operational layer for deposit, safe-custody and locker nomination following the 2025 statutory expansion.
Operative requirement 2
Banks should distinguish successive nominations from simultaneous deposit nominations and validate percentage totals where simultaneous nomination is used.
Operative requirement 3
Death-claim processing should preserve nominee identity, death evidence, inventory/acknowledgement and any court-order exception.
Working workflow
Confirm that RBI Nomination Facility Directions — 2025 framework applies to the bank, product, transaction and review date.
Open the primary source for RBI Nomination Facility Directions — 2025 framework and record its issue/modified date and any supersession note.
Map only the operative paragraphs of RBI Nomination Facility Directions — 2025 framework that affect the process; assign an owner and evidence item to each.
Update policy, system, contract/customer document, board approval or return as required by RBI Nomination Facility Directions — 2025 framework.
Test a live sample and retain the evidence plus regulatory filing/approval acknowledgement before closing the review.
Practical implementation example
A bank changes its deceased-customer workflow after the 2025 nomination reform. The implementation team uses RBI Nomination Facility Directions — 2025 framework to update nomination capture, acknowledgement, cancellation/variation and claim processing; it then samples live accounts to confirm the core-banking record matches the signed nomination and statutory priority.
Professional result: implementation is closed only when the current official instrument, applicability conclusion and operational evidence agree.
Forms, returns, annexures and filing portals
- Use only forms, returns and RBI channels expressly specified for RBI Nomination Facility Directions — 2025 framework.
Electronic filing: retain the current RBI portal acknowledgement where the operative instrument requires submission.
Open official instrument / prescribed filing source
Use only forms, annexures or electronic returns actually prescribed by the current official instrument. A Finin2min working aid is not an official regulatory form.
Evidence checklist
- current official copy or RBI/Gazette source for RBI Nomination Facility Directions — 2025 framework.
- applicability memo tying the bank/product to RBI Nomination Facility Directions — 2025 framework.
- paragraph-by-paragraph implementation matrix for the requirements actually engaged.
- board/policy/system/customer-document evidence created by the implementation.
- filing/return/approval acknowledgement where RBI Nomination Facility Directions — 2025 framework requires regulatory submission.
Banking Regulation Act sections connected to this instrument
Cross-links show relevance only; each instrument retains the legal basis stated in its own official text.
Amendment / version discipline
Use the RBI Nomination Facility Directions — 2025 framework version effective on the event date; record amendments or supersession.
Related on Finin2min
Disclaimer
Educational reference. Verify the current official instrument and entity-specific RBI requirements before implementation.