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LIC UNCLAIMED FUNDS
Forgotten LIC policy? Step-by-step guide to find and claim unclaimed amounts- Unclaimed deposits with banks stand at Rs 67,003 cr, SBI and ICICI top list: Govt in ParliamentUnclaimed deposits in Indian banks reached Rs 67,003 crore by June 2025, with public sector banks holding the majority. The RBI launched th...
- Life insurance companies hold Rs 22,237 crore in unclaimed funds – Here's why no one is claiming itIn India, life insurance companies had Rs 22,237 crore in unclaimed funds at the start of 2023-24. The IRDAI's June-November 2023 campaign ...
- LIC unclaimed maturity amount at Rs 880.93 crore in FY2024: How to check if there is any unclaimed amount in your LIC policyLIC has unclaimed maturity amounts of Rs 880.93 crore in 2023-24. Over 3.7 lakh policyholders have failed to collect their funds in the fin...
- IRDAI issues new circular to help speedy disbursal of unclaimed insurance moneyDue to an increase in unclaimed amounts and concerns from insurers over regulatory compliance, the Insurance Regulatory & Development Autho...
- LIC has Rs 21,500 crore unclaimed funds: How LIC policyholders can check for unclaimed amountIf any LIC policyholder or a beneficiary wants to know whether any amount under his/her LIC policy is lying unclaimed with the insurer, thi...
- LIC sits on over Rs 21,500 cr unclaimed fundsEvery insurer is required to display information about any unclaimed amount of Rs 1,000 or more on their respective websites (to continue e...
- How to check if there is any amount unclaimed under LIC policyIf any money is left unclaimed for more than 10 years, all the amount is transferred to the Senior Citizen Welfare Fund, such funds are use...
- NCLAT gives conditional go-ahead to NBCC for Jaypee InfratechThe appellate tribunal also directed Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain to constitute an interim monitoring...
- Rs 32,000 crore as unclaimed deposits with banks and insuresCountry’s largest insurer, Life Insurance Corporation (LIC) alone holds Rs 12,892 crore as unclaimed deposit.
- NBCC to monetise Jaypee Infratech assets to complete stuck projectsNBCC has also assured home buyers of completing pending projects within 3 years if its bid gets accepted.
- Unclaimed shares, insurance, deposits: How to find and get your dues backCrores of rupees are lying with banks, and other organisations. Here’s how you can get back your money.
- Crores lie unclaimed with insurers. Here's how to find out if any is yoursAs much as Rs 15,167 cr of policyholder's money was lying unclaimed with life insurers as on March 31, 2018.
- How has retail money moved post demonetisation?Demonetisation could have an impact in the long-term as gold and real estate get more difficult to buy due to increasing regulations.
- Budget 2015: Major boost for pension products, NPSThe additional tax incentives for investments in pension funds and the NPS are intended to push up retiral savings in the long term.
- Budget 2015: Tax incentives to give major push for retiral savings and boost NPSAdditional tax incentives under Section 80CCD for investing in NPS is an effort not just to boost retirement savings, but also popularise t...
- Employees Provident Fund Organisation seeks government nod to invest in sharesEmployees Provident Fund Organisation, which manages retirement savings of close to Rs 7 lakh crore, is making a fresh pitch for investment...
- Insurance trap: How to see through agents' deceitInsurance agents are using all kinds of baits to trap investors. Here's how to see through the subterfuge.
- LIC tracks down clients, settles 89k unclaimed policiesLife insurance sector holds about Rs 2,000 crore in unclaimed funds, with the private sector insurers accounting for about 45%.
- Query corner: FinanceOur PF expert helps you navigate the complex world of finance.
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