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RECLAIM UNCLAIMED FUNDS
Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assetsThe Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...
$1,000 checks headed to Americans with no action required — here’s what to knowAmericans to automatically get $1,000 verified checks for unclaimed property with no extra steps required. Millions of residents nationwide...
PM Modi urges citizens to join ‘Your Money, Your Right’ movement as Rs 2,000 crore returnedPrime Minister Narendra Modi encouraged participation in the 'Your Money, Your Right' campaign, which has successfully returned Rs 2,000 cr...
Rs 2,000 cr returned so far under 'Your Money, Your Right' initiative; PM urges citizens to claim unclaimed assetsNearly 2,000 crore rupees have been returned to citizens through the 'Your Money, Your Right' initiative. This government program helps peo...
Millions in retirement benefits left unclaimed – here’s how you can reclaim your money todayRetirement benefits: Indiana Public Retirement System has launched a new campaign to help members reclaim millions in unclaimed retirement ...
Getting unclaimed money back: 3 easy steps to reclaim forgotten money in old bank accountsForgotten money in inactive bank accounts is managed by the RBI's Depositor Education and Awareness Fund. Amounts unclaimed for 10 years ar...
FM Nirmala Sitharaman launches 'Your Money, Your Right' campaignThe finance minister underlined the importance of the "3 A's" - Awareness, Accessibility and Action - as the guiding principles of the camp...
SEBI launches ‘Mitra’ platform to help investors trace lost or inactive MF investmentsSEBI has introduced Mitra, a new digital platform developed by mutual fund RTAs, enabling investors and heirs to trace inactive and unclaim...
RBI launches scheme to reduce stock of unclaimed deposits by incentivising banksThe Reserve Bank of India launched a year-long incentive scheme for banks, effective October 1, to reduce unclaimed deposits. Banks will re...
More than 8 lakh people got unclaimed deposits back from bank via UDGAM: Steps to check unclaimed depositsIn India, unclaimed deposits in banks are transferred to the RBI's DEA fund after ten years. The RBI launched the UDGAM portal to help indi...
RBI makes it easier to claim dormant fundsReserve Bank of India plans to simplify claiming unclaimed deposits. New rules allow KYC updates via video calls and business correspondent...
India to introduce easy process for claiming over ₹78,000 crore in unclaimed depositsBanks in India, both public and private, will soon adopt a streamlined format to help account holders or their nominees reclaim over ₹78,21...
Sebi launches MITRA to help investors trace inactive mutual fund foliosIn a circular, Sebi said the platform addresses a growing concern wherein investors, over time, lose track of their mutual fund investments...
Sebi launches MITRA to help investors trace inactive mutual fund foliosIn a circular, Sebi said the platform addresses a growing concern wherein investors, over time, lose track of their mutual fund investments...
Government to launch portal for unclaimed dividends, shares by FebruaryThe Investor Education and Protection Fund Authority (IEPFA), under the corporate affairs ministry, is also planning to ease the process fo...
Reclaiming shares and dividends to take less time"For investors to reclaim unclaimed shares and unpaid dividends from the Investor Education and Protection Fund Authority with ease, an int...
Soon, it may take a week to reclaim IPEF a/c sharesThe IPEF authority, which falls under the Ministry of Corporate Affairs, plans to introduce a green channel through which investors will be...
WhiteInc developing iOS and Android app to reclaim dormant PF through smartphoneIf you are struggling to reclaim your dormant provident fund, WhiteInc is developing iOS & Android app to reclaim dormant PF through smartp...
RBI proposes to use unclaimed money on depositors' educationThe RBI proposed that unclaimed bank deposits, estimated at over Rs 3,500 crore, be utilised for education and awareness of depositors.
- State-run banks like SBI, Canara Bank, Union Bank and others to disclose details of unclaimed deposits worth Rs 1,700 crore
The government has directed state-run banks to make public details of unclaimed deposits aggregating 1,700 crore built up over the last sev...