{"id":17715,"date":"2025-10-05T15:08:29","date_gmt":"2025-10-05T15:08:29","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/10\/05\/forgotten-bank-deposits-how-to-check-and-claim-your-dormant-bank-account-money-banking-and-finance-news\/"},"modified":"2025-10-05T15:08:29","modified_gmt":"2025-10-05T15:08:29","slug":"forgotten-bank-deposits-how-to-check-and-claim-your-dormant-bank-account-money-banking-and-finance-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/05\/forgotten-bank-deposits-how-to-check-and-claim-your-dormant-bank-account-money-banking-and-finance-news\/","title":{"rendered":"Forgotten Bank Deposits? How To Check And Claim Your Dormant Bank\u00a0Account\u00a0Money | Banking and Finance News"},"content":{"rendered":"


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Unclaimed money from dormant bank accounts across India is transferred to RBI’s DEA Fund, but customers can still claim their funds back through their banks as per RBI guidelines.<\/h2>\n
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RBI has established the Depositor Education and Awareness Fund (Fund). The Scheme came into effect from May 24, 2014.<\/p>\n<\/figure>\n

A large amount of unclaimed money of bank customers across India is lying in the RBI\u2019s DEA fund. If a bank\u2019s customer account remains dormant for over 2 years, then as per RBI guidelines, banks have to transfer the unclaimed asset to RBI\u2019s DEA fund.<\/p>\n

A lot of people think that once a bank transfers money to RBI\u2019s DEA fund due to inoperativeness, then they won\u2019t be allowed to take their money back. But it\u2019s not correct.<\/p>\n

Customer\/depositor can claim a refund of their unclaimed amounts from their banks.<\/p>\n

What Is RBI\u2019s DEA Fund?<\/h3>\n

RBI has established the Depositor Education and Awareness Fund (Fund). The Scheme came into effect from May 24, 2014.<\/p>\n

The amounts credited to the DEA Fund are the credit balances in any deposit account maintained with banks (Commercial Banks, Co-operative Banks), which have not been operated upon for 10 years or more by the depositor, or any amount remaining unclaimed for 10 years or more, and includes the following:<\/p>\n