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.
Unclaimed deposits in bank savings accounts, FDs: The primary reason for deposits becoming unclaimed is the death of the depositor/accountholder without leaving a nomination
If shares or folios remain frozen until December 31, 2025, the Registrar and Transfer Agents (RTAs) and listed companies will be required to refer to the authorities under either the Benami Transactions (Prohibitions) Act, 1988 or the Prevention of Money Laundering Act, 2002, , shares, sebi, sebi regulations, sebi norms, pan, contact details nomination, bank account, share certificates, kyc