Unclaimed Deposit
Unclaimed Deposite :
According to RBI norms, balances in savings/current accounts that are not operated for 10 years, or term deposits not claimed within 10 years from the date of maturity, are classified as "unclaimed deposits". After this, banks transfer such money to the 'depositor education and awareness fund' maintained by the Reserve Bank of India (RBI).
Unclaimed Deposit List
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