Archive · 29 Nov 2025
Awareness Drive Launched for Unclaimed Bank Funds
There is a lot of money in bank accounts that people have not used for a very long time.
The government and banks want to help these people get their money back.
They have started a special program called 'Your Money-Your Right' to teach people how to claim their unclaimed funds.
In Nandyal, there is about Rs 64.59 crore in unclaimed money from 3.19 lakh accounts.
In Puttaparthi, there is Rs 66.95 crore in unclaimed money from 2,88,083 accounts.
People need to go to their bank with some important papers like their Aadhaar and PAN card to get their money.
The banks and the government are working together to make sure everyone knows about this program and can get their money back easily.
An awareness campaign was launched to help account holders reclaim unclaimed funds under the 'Your Money-Your Right' program.
In Nandyal, approximately Rs 64.59 crore in 3.19 lakh accounts is held by the RBI.
In Puttaparthi, Rs 66.95 crore in 2,88,083 accounts is unclaimed and transferred to the RBI.
Account holders need to visit their nearest bank branch with Aadhaar, PAN, and a passport-size photograph to complete the e-KYC process.
Legal heirs can claim the funds of deceased account holders by submitting a death certificate and a family consent letter.
- Who
- District Lead Bank Manager Ravindra Kumar, District Collector A Shyam Prasad, bank officials, and account holders
- What
- Launch of an awareness campaign to help citizens reclaim unclaimed bank deposits under the 'Your Money-Your Right' program
- When
- Friday
- Where
- Nandyal and Puttaparthi
- Why
- To inform account holders about the process of reclaiming unclaimed funds that have remained inactive for over ten years
- Total unclaimed funds in Nandyal
- Rs 64.59 crore
- Number of unclaimed accounts in Nandyal
- 3.19 lakh
- Total unclaimed funds in Puttaparthi
- Rs 66.95 crore
- Number of unclaimed accounts in Puttaparthi
- 2,88,083
- Required documents for claiming funds
- Aadhaar, PAN, passport-size photograph, death certificate (if applicable), family consent letter