It is estimated about 37,300 crore rupees stuck as unclaimed in shares, and other savings schemes.
We have been always encouraged long-term investments as a great investment practice, However some investors may have forgotten about shares they purchased a long time ago.
These investments that investors are unaware of are called abandoned shares. They can add value to the investor over time.
Most of these investors are senior citizens who initially track their investments but tend to forget the information or misplace the documents as the years go by.
If unclaimed for seven years, these investments are transferred to the Investor Education and Protection Fund (IEPF) under SEBI custody.
We Share claimers and our experts can help you locate these investments through research analysis and database search.
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