How can I claim unclaimed money from RBI?
Here are the steps on how to claim unclaimed money from RBI:
Check if you have unclaimed money. You can do this by visiting the RBI website and searching for your name and address in the list of unclaimed deposits. You can also check with the bank where you had the account.
If you find that you have an unclaimed investment, you will need to submit a claim form. The claim form can be downloaded from the RBI website or obtained from the bank where the account was held.
The claim form must be accompanied by the following documents:
Passbook/statements of account/term deposit receipt or advice
Recent photo
Valid ID proof
Address proof (KYC documents)
4. Submit the claim form to the bank where the account was held.
5. The bank will verify your claim and, if it is approved, will transfer the money to your account.
Here are the additional details you need to know:
The claim form must be submitted within 30 years from the date the deposit was transferred to the DEA Fund.
If the claim is not submitted within 30 years, the money will be forfeited to the government.
The claim form can be submitted by the depositor, the nominee, or the legal heir.
The bank will charge a processing fee for processing the claim.
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