You see, today almost everyone has a bank account. Be it a savings account, zero balance account, current account Jan Dhan account, etc. People living in urban areas as well as in remote rural areas now have bank accounts. People keep their hard-earned money in bank accounts and also save for their future by depositing money in these accounts. Amidst all this, do you know that there are many such accounts in the banks of the country in which there is a lot of money lying on which there is no one to claim? You may not know it, but it is true. So let us know who has the right to this money. Etcetera. You can learn about this further...
In fact, according to media reports, there are approximately Rs 35 thousand crores in the banks of the country which have not been claimed by anyone. This is the status of money lying in different banks of the country.
You need to know that there has been no transaction in the different bank accounts in the last 10 years. In such a situation, it is natural to raise the question of what will happen to this money in such a situation and who has the right to it.
What will happen to the money?
If we talk about this money, then according to the Reserve Bank of India i.e. RBI, the money lying in different accounts which has not been claimed by anyone till now, has the first right on the money of the account holder's family. If there is no family, then a close relative can also claim his right to this money.
If no one has claimed this money for more than 10 years, then this money is deposited in the Depositor Education and Awareness Fund i.e. DEAF. Even after this, if no one claims the money, the money is given to him after investigation.
(PC: iStock)
