Neha Nagar Instagram – ₹80,000 Crore Await : Claim Your Unclaimed Investments !
Did you know? Over ₹80,000 crore worth of unclaimed shares and mutual funds lie dormant in India, potentially belonging to you or your loved ones.
Why does this happen? Often, investments are made without informing family members, leading to their unawareness upon the investor’s passing.
But there’s hope! SEBI, the market regulator, launched a centralised system to help reclaim these forgotten assets.
Here’s how it works:
1.Gather documents: Death certificate and PAN card of the deceased family member.
2.Connect with any Stockbroker or Mutual Fund house: Share the gathered documents.
3.SEBI-registered KYC agency verifies: They confirm legal heirship and asset ownership.
4.Unclaimed wealth transferred: Stocks, mutual funds, bonds, etc., reach rightful beneficiaries.
Remember: Timely and informed investment disclosure within families is crucial to avoid such situations.
Follow @iamnehanagar for the next part ! | Posted on 13/Feb/2024 18:42:27