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UNCLAIMED AMOUNTS Process and procedureProcess of claiming the unclaimed amount 1. Investor to check the availability of unclaimed amounts in records of Mutual Fund. The same may be checked by clicking
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Unclaimed amounts refer to funds or property that have been abandoned or forgotten by their rightful owners and have not been claimed for a certain period of time.
Certain entities such as financial institutions, insurance companies, and corporations are required to report and remit unclaimed amounts to the state government.
Entities can fill out unclaimed amounts by completing the necessary forms provided by the state government and submitting the required information and funds.
The purpose of unclaimed amounts is to protect the rights of individuals who may have lost track of their assets and ensure that these funds are properly accounted for and returned to their rightful owners.
Entities must report details such as the name and last known address of the owner, the type of property or funds, and the date the property became unclaimed.
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