The Bank of India Unclaimed Deposits List refers to a compilation of accounts and deposits that have remained dormant or unclaimed by their rightful owners for an extended period. When an account holder fails to make any transactions or contact the bank for a specified period, typically ranging from one to ten years, the account is considered dormant or unclaimed.
The Bank of India, like other financial institutions, maintains a register or list of these unclaimed deposits. The list contains details such as the account holder’s name, account number, and the amount of the unclaimed deposit. It serves as a means for the bank to notify the account holders or their legal heirs about the existence of these dormant accounts.
Bank of India Unclaimed Deposits List Overview
|Bank of India
|Bank of India Unclaimed Deposits List
|Promoting financial literacy and awareness among depositors
|Unclaimed deposits will be put to productive use
|Total Amount transferred
How to check Bank of India Unclaimed Deposits
The publication of the Bank of India Unclaimed Deposits List serves multiple purposes. Firstly, it acts as a means to inform account holders who may have forgotten about their dormant accounts or are unaware of the existence of such funds. It provides an opportunity for them to claim their rightful deposits by contacting the bank and following the necessary procedures.
Secondly, the list serves as a mechanism to protect customers’ interests. By making the unclaimed deposits list publicly available, the bank ensures transparency and accountability in managing dormant accounts. It also serves as a deterrent against any potential fraudulent activities or unauthorized access to the unclaimed funds.
Complete process to check unclaimed deposits list is given below step by step.
Step 1 : Visit official website of Bank of India https://bankofindia.co.in/
Step 2 : At home page search for Inoperative Account / Unclaimed Account link.
Step 3 : Direct link https://uat.online.bankofindiaweb.com/in-operative-unclaimed
Step 4 : Enter Your Name, given verification code and click at “Search” button to check Inoperative Accounts.
List of Documents Require to Claim Bank of India Unclaimed Deposits
Here is the list of documents which are required for unclaimed deposits.
- Passbook/Term Deposit/Special Term Deposit Receipts
- Statements of account
- Valid Identity proof
- Date of Birth
- PAN Number
- Passport Number
- Recent photographs
- Address proof documents
- Customer Acknowledgment Slip
- Copy of death Certificate of the account holder (if claimed by the legal heir/ Nominee)
Bank of India Unclaimed Deposits Application Form PDF
Download pdf application form for Bank of India Unclaimed Deposits from below link.