User_5fd692d4

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  • in reply to: Money saved in post office #46969
    User_5fd692d4
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      U
      User_5fd692d4
      PARTICIPANT
      February 25, 2025 at 3:54 pm
      Welcome.

      in reply to: Money saved in post office #46967
      User_5fd692d4
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        U
        User_5fd692d4
        PARTICIPANT
        February 25, 2025 at 3:39 pm
        No there is no definite time limit on claiming the deposit, 10 years is the time period after which the money moves out of the bank and into RBI’s care, heirs can claim it even after 10+ years by visiting the bank in which the account was.

        in reply to: Money saved in post office #46965
        User_5fd692d4
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          U
          User_5fd692d4
          PARTICIPANT
          February 25, 2025 at 12:42 pm
          NAL unclaimed deposits go to RBI’s DEA(depositor education account) after it they remain unclaimed for 10 years.

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