Can any body missuses the pass book of a saving account in a
bank in India? I mean in case some body steal a pass book, can
the account be stolen too?
Answer Posted / jyothi raj
Pass book is only a copy of transactions that the account
holder made in the past. For withdrawel of money from the
account, either he/she need a cheque or with drawel slip. A
person may obtain a withdrawel slip on producing the pass
book and if he/she is possible to imitate the original
person signature in the slip, sure he can misuse it.
Is This Answer Correct ? | 8 Yes | 4 No |
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