India to introduce easy process for claiming over ₹78,000 crore in unclaimed deposits
Banks in India, both public and private, will soon adopt a streamlined format to help account holders or their nominees reclaim over ₹78,213 crore in unclaimed deposits. The new system will feature common application forms and standard required documents, with full online retrieval operational by FY26.
Banks in India, both public and private, will soon adopt a streamlined format to help account holders or their nominees reclaim over ₹78,213 crore in unclaimed deposits. The new system will feature common application forms and standard required documents, with full online retrieval operational by FY26.
