By Admin 
Unclaimed bank deposits: Many times, your old bank account or that of someone you know becomes inactive with time. People do not pay attention to this and their money remains in their accounts. If your or someone you know’s money is unclaimed in the bank, then you no longer need to worry about withdrawing this amount.
Reserve Bank of India (RBI) provides you full assistance in this situation. You or your legal heir can get back the unclaimed money by following some easy steps.
What does RBI have to say?
According to RBI, crores of rupees are lying unclaimed across the country. If there is no financial transaction of any kind in any account for 2 years or the bank account is lying inactive for 10 years. In such a situation, RBI shifts these unclaimed deposits to DEA (Depositor Education and Awareness) fund.
However, your money remains completely safe. You or any of your legal heirs can claim this money. RBI has not set any limit for making claims. That is, if you get information about money kept in an unclaimed account. Also, if you are his legal heir, you can claim for this money.
Unclaimed accounts and claims information
If you want to know whether your or your family’s money is lying unclaimed in the bank or not, then for this you have to go to the official website of RBI. Search your or your family member’s name on the website. After this you will get complete information. Apart from this, special camps on unclaimed assets are being organized in different districts of the country from October to December. From where you can get information directly.
You can visit any bank branch for your unclaimed money, fill the claim form there and submit KYC documents like Aadhaar, Voter ID or passport. Also, if you are claiming as an heir, submit legal papers like death certificate. After verification, you will get money from DEA fund of Bank RBI. There is no additional charge for this.
Also read: Aadhaar update made easy, now you can change name, date of birth and mobile number online