Department of Posts has released the following notification regarding handling of unclaimed accounts/certificates in identified under Senior citizen Welfare Fund (SCWF) Rules 2016.

‘Government of India has notified the Rules (Senior Citizen Welfare Fund Rules, 2016) for management and handling of the unclaimed money of the depositors lying with the Post offices and Banks etc. As per these Rules, the details of such accounts wherein amounts are lying unclaimed (accounts inactive or un-operated for more than 10 years) are to be notified publically. Accordingly, the Department of Posts has published the details of such accounts on its website (www.indiapost.gov.in). All concerned are hereby informed accordingly. Local Post offices may be contacted for further details”, according to a press release issued by the Chief Postmaster, Chennai.

 

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