If you have money lying unclaimed in old or inactive bank accounts, you can now recover it easily, according to a press release issued by the Indian Bank Coimbatore Zonal Office.
The release stated that funds in inactive accounts / Inoperative Accounts — those not operated for more than two to ten years — and unclaimed deposits older than ten years are transferred to the Depositor Education and Awareness (DEA) Fund managed by the Reserve Bank of India (RBI). However, the amount still belongs to the depositor, and both account holders and their legal heirs can claim it at any time.
To get your money back, customers can follow three simple steps. First, visit any Indian Bank branch, not necessarily the one where the account was opened. Next, submit valid KYC documents such as Aadhaar, Passport, Voter ID, or Driving Licence. Finally, after verification, the bank will release the funds.
The release also announced that special camps on unclaimed deposits will be organized across all districts in India from October to December 2025. These camps aim to help customers verify details and reclaim their forgotten deposits.
Indian Bank has urged all customers to make use of this initiative and recover the money that rightfully belongs to them.
Forgotten Money in Old Bank Accounts? Here’s How You Can Get It Back
Must Read
KMCH Transplant: Young Farmer’s organs save seven lives
A 22-year-old farmer from Nilgiris district gave a new lease of life to seven persons through organ donation after being declared brain dead at...






