Unclaimed deposits in bank savings accounts, Fixed Deposits (FDs): How to get your money back explained here
The Reserve Bank of India (RBI) recently announced a ‘100 Days 100 Pays’ campaign for banks to trace and settle the top 100 unclaimed deposits of every bank in every district of the country within 100 days. The banks will start the campaign on June 1. What are unclaimed deposits? The balances in savings or…