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| Succession Certificate - Explained |
Here, Succession Certificate has been explained in
detail, covering the following points:-
- What is Succession Certificate?
- Issuing Authority?
- Information included in Succession Certificate?
- Types of Succession Certificate?
- Uses of Succession Certificate?
- Eligibility Criteria for obtaining Succession Certificate?
1. What is Succession Certificate?
Succession Certificate is a document, on the basis of which, legal heirs of a deceased person can get their respective shares in movable properties of a deceased which includes Cash amount, National Saving Certificates, pension amount, Jewelry, car etc of the deceased lying in any Bank or financial institution.
2. Issuing Authority?
There are two issuing
authorities for issuance of Succession Certificate which are as under:-
- NADRA
- Civil Court
Be noted, firstly, you have to apply
for succession certificate from NADRA however, if NADRA for any reason,
refuses your request for issuance of
succession certificate and issue a Decline Certificate, you can
then apply for succession certificate from court
3. Information included in Succession Certificate?
Though, there is a little
difference between the information contained in a Succession Certificate issued
by NADRA and the succession certificate issued by
- Name of deceased, regarding whom succession certificate is obtained along with his date of death.
- Name and other particulars of each legal heir and relation with deceased.
- Detail of movable properties of deceased
- Share of each legal heir in the properties of deceased
4. Types of Succession Certificate?
There exist only one type of
succession certificate and not more than that. As described earlier, the
succession certificate issued by NADRA is different from the succession certificate
issued by civil court but the purpose of succession certificate issued by any
of the said authorities is same.
5. Uses of Succession Certificate?
A Succession Certificate can be used to get inherited share from the movable properties of a deceased which includes:-
- Cash amount from the Bank
- Pension Amount from Bank
- Insurance amount from Insurance Companies
- National Saving Certificates from National Saving Centre.
- Behbood Saving Certificates from National Saving Center
- Transfer of Car/vehicle in the name of legal heirs or one of the legal heirs
6. Eligibility Criteria for obtaining Succession Certificate?
The minimum eligibility
criteria for obtaining succession certificate are little bit different between NADRA
and
Minimum Eligibility criteria for NADRA's Succession Certificate
At least one person from
the legal heirs of a deceased should personally apply from designated offices
of NADRA for succession certificate.
Presence of other legal
heirs at same NADRA Office is not mandatory, however, provision of their
biometrics is a mandatory requirement, which the can provide from any where
even outside
Minimum Eligibility Criteria for Court's Succession Certificate
At least one person
from the legal heirs of a deceased should personally apply from civil court
having the jurisdiction.
The presence of other legal
heirs or their biometrics is not a mandatory requirement applying from court.
Though a Succession
Certificate can be obtained by single legal heir from the court in which names of all the
legal heirs will be mentioned but such legal heir can get only his/her inherited
share and not of other legal heirs' shares.
Once a succession
certificate is issued, other legal heirs need not to apply again for their own
succession certificate because they can get their respective shares from the
bank or financial institution by personally visiting and by producing the
succession certificate already got
issued by one legal heir containing the detail of assets / movable properties
of deceased.
Who can apply for succession certificate?
Anyone from the legal heirs, who has attained age of 18 years and holds ID Card can apply for succession certificate.
In which area, you can apply for Succession Certificate?
You can apply for succession certificate in any of following areas (1) Where the death of deceased took place/registered (2) Where deceased was ordinarily resided as reflecting on his/her ID Card (3) Where the assets/movable properties of deceased exists.
What is the difference between a Succession Certificate NADRA and Succession Certificate Court?
The formats of succession certificates issued by NADRA and Courts are different from each other but they serve same purpose.
Is Succession Certificate is for only movable properties?
Yes, Succession Certificate is for only movable properties of deceased. For immovable properties. Letter of Administration is applicable for NADRA and declaratory decree declaring the legal heirs for civil court is applicable.
Is there any difference in fee/expenses of Succession Certificate for NADRA and Court.
Yes, NADRA has a fixed fee for succession certificate depending upon the value of the assets of deceased and applicant can apply personally from NADRA without any lawyer/Advocate. However, if the succession certificate is applied from court, the court itself does not specifically charge any fee but the lawyer/advocate charge on account of their professional fee and expenses involved, which may vary from advocate to advocate.
What is difference between Succession Certificate and Letter of Administration
Click the following link to know difference: https://www.nadrabox.com/2023/01/difference-between-succession.html