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Mar 21, 2014 · The draft Depositor Education and Awareness Fund Scheme was placed on Reserve Bank of India website for public comments. Taking into account the comments received from various stakeholders, the ‘ Depositor Education and Awareness Fund Scheme, 2014 ’ has been finalized and forwarded to Government of India for notifying in the Official Gazette.
Mar 5, 2024 · “The Depositor Education and Awareness Fund (DEA Fund) Scheme, 2014” was formulated by the Reserve Bank of India in exercise of the powers conferred upon it under Section 26A of the Banking Regulation (BR) Act, 1949 and all the powers enabling it in this behalf.
Accordingly, the amount required to be transferred to the Fund in terms of paragraphs 3(vi) and 3(vii) of the Scheme, can be credited to the Depositor Education and Awareness Fund (DEAF) Account, specified above, maintained with RBI (within banking hours) on the last working day of the month.
May 18, 2020 · Learn how RBI uses unclaimed deposits to promote depositors' interest and what are the options to claim the amount. Find out the details of the fund, the committee, the interest rate and the amount deposited in DEAF.
DEA Fund is a scheme by RBI to transfer inoperative/unclaimed funds to the bank. Learn how to claim your fund and the documents required for different types of accounts.
Learn how to claim your money from Depositor Education and Awareness Fund (DEAF) if your account has been inactive for more than 10 years. Find out the documents required, the process steps and the turnaround time for DEAF claim.
Learn how to claim your unclaimed deposits or inoperative accounts with SBI if they have been dormant for more than 10 years. Find the guidelines, documents and claim form required for individual, legal heir or non-individual claimants.
Mar 6, 2024 · “The Depositor Education and Awareness Fund (DEA Fund) Scheme, 2014” was formulated by the Reserve Bank of India in exercise of the powers conferred upon it under Section 26A of the Banking Regulation (BR) Act, 1949 and all the powers enabling it in this behalf.
Aug 31, 2023 · Depositor Education and Awareness (DEA) Fund. Last Updated on Aug 31, 2023. Context: Development of a Centralised Web portal for the Public to Search Unclaimed Deposits. Need of DEA. The deposits remaining unclaimed for 10 years in a bank are transferred to the “Depositor Education and Awareness” (DEA) Fund maintained by the Reserve Bank of India.
Jul 24, 2023 · Banks get ₹5,729 crore from “Depositor Education and Awareness” (DEA) Fund towards refund of settling unclaimed deposits. Posted On: 24 JUL 2023 4:28PM by PIB Delhi.
