In a case of a joint deposit if one of the holder is deceased can the surviving holder operate / withdraw the deposit?
Yes. The surviving holder can withdraw the deposit.
If the operating instruction has given as either party; he/she should close and redeposit the said deposit under his/her name by submitting the death certificate of the deceased holder and the original FD certificate.
If the operating instructions given as both party; Affidavit should be submitted in addition to the above documents.