There are simple ways to get the money back.
If you have some money in a bank account, but you have not used that account for two years. What will happen to that account in such a situation? That account will become inactive and it can be a difficult task to get back the money deposited in it. But the good thing is that there are simple ways to get such money back.
The Reserve Bank of India (RBI) is now running an outreach program to get people back from their passive accounts. RBI will organize special camps on uncured assets between October and December 2025 in every district of the country.
What is a passive account?
If there is no transaction in a bank account for two years to ten years, then it is considered inactive. The bank has to transfer the money in such accounts to the Dea Fund of RBI. But it is not a matter of concern. Account holders or their legal successors can claim this money at any time, even if the money has already gone into the Dea Fund.
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What is RBI’s Dea Fund?
The Depositor Education and Awareness (DEA) Fund was started on 24 May 2014 by the Reserve Bank of India (RBI). In this fund, the amount which has been lying in a bank account for 10 years or more and which the account holder has not used or claimed for 10 years. The bank requires transfer of this entire money, which includes interest so far, to Dea Fund.
Easy steps to get money back
Go to any bank branch, even if it is not your old branch. Fill a form and submit your KYC document (Aadhaar, Passport, Voter ID or Driving License). The bank will check your information. After the investigation is completed, you will get your money back with interest.