IEPF Claim
Recover shares and dividends transferred to the IEPF
Shares and dividends unclaimed for seven consecutive years are transferred to the Investor Education and Protection Fund. They are not lost — Finvora...
Learn more
Asset Recovery
Inoperative Bank Deposits
Reactivate dormant accounts and claim matured deposits
Savings accounts and fixed deposits untouched for ten years are moved to the RBI’s Depositor Education and Awareness Fund. We reactivate the account and recover the balance.
An account with no customer-initiated transaction for two years becomes dormant; after ten years the balance is transferred to the RBI’s Depositor Education and Awareness (DEA) Fund. Matured fixed deposits that were never renewed or withdrawn go the same way.
Finvora searches the RBI’s UDGAM portal and individual bank registers, completes re-KYC, and files the reactivation and refund claim with the branch and, where required, with the DEA Fund cell.
Why clients choose Finvora for this
UDGAM and bank searches
Systematic search across the RBI portal and individual bank unclaimed-deposit lists.
Reactivation handling
Re-KYC, signature verification and branch coordination managed for you.
Interest recovery
We ensure interest payable under the DEA Fund scheme is credited along with the principal.
Heir claims
Support for accounts of deceased depositors with or without a nomination on record.
How the process works
-
1
Free assessment
Share whatever paperwork you have. We verify the holding and tell you honestly whether a claim is worth pursuing.
-
2
Documentation
We prepare every form, affidavit and indemnity, and tell you exactly what needs to be signed or notarised.
-
3
Filing & follow-up
We file with the company, registrar, authority or lender and chase the file until it moves.
-
4
Settlement
Funds or securities are credited directly to your account. You receive a closure report with every reference number.
Who is eligible
- You or a relative held a savings, current or fixed deposit account that has been inactive.
- The bank has classified the account as dormant or transferred it to the DEA Fund.
- You are the account holder, joint holder, nominee or legal heir.
Documents required
- PAN and Aadhaar of the claimant
- Old passbook, cheque leaf or deposit receipt, if available
- Current address proof for re-KYC
- Death certificate and heirship documents where applicable
Frequently asked questions
No. Transfer to the DEA Fund does not extinguish your right. The bank must refund the amount with interest whenever a valid claim is made.
No. The successor bank inherits the liability. We identify the correct successor entity and file there.
Related services
You may also need
Unclaimed Provident Fund
Trace and withdraw dormant EPF balances
Provident fund accounts left behind at former employers stop earning interest after three years of inactivity. We trace old UANs, merge accounts and c...
Learn more
Unclaimed Insurance
Claim matured policies and lapsed benefits
Matured endowment policies, unclaimed death benefits and lapsed survival payouts sit with insurers for years. We trace them and complete the claim on...
Learn more
Start your claim
Start your Inoperative Bank Deposits with Finvora
Send us the details you have. We will confirm whether a claim is viable, what it costs and how long it takes — before you commit to anything.