Awareness campaign on settlement of unclaimed deposits held in Dimapur

DIMAPUR — A district-level awareness campaign on the settlement of unclaimed deposits was held at the DC conference hall, Dimapur, on November 28.

The awareness programme is part of a nationwide initiative by the Reserve Bank of India (RBI) and State Bank of India (SBI) aimed at ensuring faster and efficient settlement of unclaimed financial assets, including deposits, dividends, interest warrants, pensions, and other related funds.

According to a DIPR report, the campaign seeks to enable rightful customers, nominees, and legal heirs to claim their dues.

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Samuel, assistant general manager, RBI, in his address, said that the campaign is three months long at the all-India level, launched by the union finance minister on October 4, on the theme “Your money, your right”. He informed that this campaign will go on till December 21, and urged customers to approach their respective bank, postal bank or insurance company to find their unclaimed funds or check the online portal (udgam.rbi.org.in).

Rongsenyangla, district-level lead manager, highlighted that deposits in accounts which are not operated for a period of 10 years are classified as unclaimed deposits. She informed that Dimapur district has 21 banks and the total amount of unclaimed deposits lying in these banks is INR 13.22 crore.

She added that to claim the money, one can visit their branches with a form and KYC documents like Aadhaar, PAN Card, Driving License, and three passport photos to activate their bank accounts.

She urged the public to participate in the camps for timely redressal and settlement of unclaimed deposits. She also encouraged village councils, GBs, individuals and community leaders to assist in spreading this information.