How SBI customers can claim unclaimed money in fixed deposit (FD), recurring deposit, or savings account — Explained

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”. How to claim the unclaimed deposits? Every bank is required to show the details of unclaimed accounts on its website, as per the RBI…

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