We usually think of banking, investments, insurance, markets, and returns. But beneath this glittering surface lies a very different world, the world of unclaimed money. Fixed deposits, recurring deposits, savings accounts, dividends,shares, insurance amounts, or NPS contributions belonging to millions of citizens sometimes turn into forgotten wealth. This money is not lost; it is simply preserved within a legal framework, waiting for its rightful owner to claim it.
When we talk about India’s financial system, we usually think of banking, investments, insurance, markets, and returns. But beneath this glittering surface lies a very different world—the world of unclaimed money. Fixed deposits, recurring deposits, savings accounts, dividends, shares, insurance amounts, or NPS contributions belonging to millions of citizens sometimes turn into “forgotten wealth.” This money is not lost; it is simply preserved within a legal framework, waiting for its rightful owner to claim it....(To continue, open the magazine)