Introduction:
Share N Care offers a range of services to help individuals and legal heirs recover unclaimed funds from fixed deposits and mutual funds. For those who have invested their life's savings in corporate fixed deposits, it's important to note that the government doesn't take responsibility for the unclaimed amount after 10 years. This is where Share N Care steps in to help you claim your amount from unclaimed deposits.
Additionally, if the account holder passes away, Share N Care can assist with the legal process of transmitting the funds to legal heirs. It's important to note that if the amount due is not claimed for 10 years, it becomes unclaimed and is transferred to the Senior Citizen Welfare Fund. After 25 years, it becomes difficult to claim the amount from the fund.
Hundreds of crores are lying unclaimed in the form of unclaimed dividend and redemption amount of mutual funds. Share N Care can help with the redemption of mutual funds that remain unclaimed due to mismatch of name or signature, change of address, closure of bank account, or death of the mutual fund holder.
Even if you don't have the details of your mutual fund, but remember the name of the mutual fund houses where the investment was made, Share N Care can assist in retrieving information and recovering unclaimed mutual funds.
It's important to note that if the mutual fund redemption amount or dividend amount remains unclaimed for three years, it will be considered unclaimed and invested by mutual fund houses in the money market. After another 10 years, it is transferred to the Senior Citizen Welfare Fund, from where it cannot be claimed after 25 years.
Trust Share N Care to help you recover your unclaimed funds from fixed deposits and mutual funds. Our team of experts is dedicated to assisting you with your financial needs and ensuring that your hard-earned money doesn't go to waste.
