MDF is a sum of money designated to provide financial support to a deceased person's dependents or beneficiaries.
The nominee of a deceased member will receive a Death Relief Fund of Rs. 15,000/- in the event of the member's death.
How To open MDF Account
Any Regular Member of the bank who is below the age of 70 can open the MDF account by Contributing Rs.1,000/- towards MDF share.
Documents required for the Settlement of Death Case.
1.Original Death Certificate ( one copy).
2. PAN Card, Aadhaar Card & Bank Pass book photocopy of Nominee.