The final part on unclaimed investments explores the role of technology, fees, and recovery advisory platforms. It also highlights the importance of making nominees aware of investments and maintaining comprehensive records.
To claim, check portals like UDGAM for bank deposits and IEPF for shares/dividends. Required documents include folio/policy numbers and KYC. Process varies, but KYC authentication is crucial.
Seven banks, including SBI, PNB, Dhanlaxmi Bank, and DBS Bank India, will be part of the first phase. The portal cannot, however, be used to search for inoperative bank accounts.