The Indian banking sector deposits which have not been claimed for 10 years or / more will be transfered to the Depositor Education and Awareness Fund Scheme.
According to Reserve Bank of India (RBI), The Depositor Education and Awareness Fund will be created by taking over inoperative deposit accounts which have not been claimed or / operated for a period of ten years or more or / any deposit or / any amount remaining unclaimed for more than ten years.
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