7 months ago
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A full of ₹48 lakh was distributed to 72 beneficiaries nether the “Your Money, Your Right” scheme astatine a peculiar campy held astatine the Collectorate present connected Wednesday (October 15, 2025).
The inaugural aims to assistance customers reclaim unclaimed deposits, security proceeds, and communal money investments that person remained inactive for implicit 10 years.
Collector S. Kandasamy, who presided implicit the event, said the run focuses connected creating consciousness astir unclaimed fiscal assets and facilitating their instrumentality to rightful owners oregon their ineligible heirs. “If a slope relationship remains inactive for much than 10 years oregon an security assertion remains unclaimed for implicit 7 years, the funds are transferred to the Reserve Bank of India. This run ensures that specified amounts are rightfully returned,” the Collector said.
He added that the programme would proceed crossed each banks and security offices successful the territory from October to December 2025, encouraging the nationalist to marque usage of the opportunity.
Senior officials, including G. Saravanan, Deputy General Manager, Canara Bank, Erode Zone; Kannan, Assistant General Manager, Indian Overseas Bank, Chennai; Thirumurugan, Deputy General Manager, Indian Overseas Bank, Erode; Suseela, Zonal Manager, Indian Bank; Vivekanand, Lead Bank Zonal Manager; and Saikannan, Senior Manager, Lead Bank, were present.
