2023-05-13 16:18:46
SA POSTRBI asks banks to return unclaimed deposits of these bank account holders
Reserve Bank launches ‘100 Days 100 Pays’ campaign to return account-holders' unclaimed deposits: The
Reserve Bank of India has launched ‘100 Days 100 Pays’ campaign to
return unclaimed deposits of bank account-holders in the country on
Friday, May 12. On periodic intervals, Reserve Bank of India launches
public awareness campaigns to encourage account-holders of such
unclaimed deposits to identify and approach the bank where they hold the
savings, current to term deposit accounts and claim such dormant
deposits. RBI had recently announced the setting up of a Centralised Web
portal for account-holders to search unclaimed deposits and accounts
held by them across multiple banks.
Reserve Bank of India 100 Days 100 Pays scheme: What are Unclaimed Deposits?RBI
has informed in a press note that the balances in savings and current
accounts which have not been operated for 10 years, or term deposits
which have not been claimed within 10 years from date of maturity are
classified as “Unclaimed Deposits”. https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg6NRRb1ntftlJcZ-r2mt6YTbIoE4n2eq_epYjAYqvDwZ3-sH3nN1GTueyDdOKRSE9u5et_gm88sdqZ3YfHSWLZHZkb98YYwvT8LzF11LlMJyEJrCU4iWPxy7_txqSiYfEbbYlXYVi5YP7URgGI0ulE4sO6uSvFJbAe6h8QkUXbeJab0V79_oAzcRBE/w598-h640/IMG-20230513-WA0021.jpg For Latest Updates ....
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