Searched for
UNCLAIMED AMOUNT IN INDIA
Rs 10,000 monthly investment in post office RD vs SBI RD: Where will you get higher maturity amount in 5 years?Investing Rs 10,000 monthly in a Post Office Recurring Deposit for five years yields a higher maturity amount than an SBI RD. The Post Offi...
Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
From kitchen storage to recycling bins: How Deposit Refund Schemes can change India’s plastic economyIndia is exploring Deposit Refund Schemes (DRS) to tackle plastic waste, where consumers pay a small deposit on packaged products, refunded...
UDGAM portal facilitates users to search unclaimed deposits across multiple banks: RBI to SCThe submissions were made before a bench of Justices Vikram Nath, Sandeep Mehta and Vijay Bishnoi which was hearing a plea filed by journal...
Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SCThe Supreme Court is pushing for a resolution for 22,000 Unitech homebuyers. The court wants suggestions from the new board, banks, and fin...
Unclaimed amount transferred by PSBs to RBI fund at Rs 60,518 crore: MoS FinanceUnclaimed funds in public sector banks, insurance companies, and mutual funds have reached significant levels. Banks hold Rs 60,518 crore, ...
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...
Have unclaimed insurance amount? Here’s how to check and claim your hidden wealthOver Rs 25,000 crore remains unclaimed in Indian insurance policies due to forgotten claims or unaware nominees. Tracking and claiming thes...
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...
Unclaimed bank deposits: RBI launches campaign to return amount in unclaimed deposits to their rightful claimantsThrough its public awareness campaigns, the Reserve Bank encourages members of the public to locate and contact the relevant bank for claim...
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...
Nearly Rs 49,000 crore lying unclaimed with banks, insurers: KaradGiving the details in a written reply, the minister said as per information received from the Reserve Bank of India (RBI), the total amount...
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.
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.
Interest rate on unclaimed funds lying with banks cut to 3.5% from 4%Any amount remaining unclaimed for more than ten years shall be credited to the Depositor Education and Awareness Fund.
Insurance companies holding on to stash of unclaimed Rs 11,668 croreThe approximate unclaimed amount with Life Insurance Corporation (LIC) of India as on March 31, 2016, was Rs 5,934 crore.
New scheme for unclaimed dividends kicks in from tomorrowThe website of MFs and Amfi will also provide information on the process of claiming the unclaimed amount and the necessary documents requi...
Sebi allows investment of unclaimed dividend in liquid fundsTo check mis-selling of mutual funds, markets regulator Sebi allowed unclaimed redemption and dividend amounts to be invested in a separate...