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How to claim unclaimed dividend transfer to iepf

Are you sure you have claimed all your investment? Are you aware of every investment maturity date? If you have forgotten to claim the dividend, then don't worry; read this blog, and you will get to know how you can claim it now. Sometimes it happens that investors, as well as companies, forget regarding their investment in several bank accounts.

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How to claim unclaimed dividend transfer to iepf

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  1. How to claim unclaimed dividend transfer to iepf? unclaimed dividend transfer to iepf, iepf share transfer Are you sure you have claimed all your investment? Are you aware of every investment maturity date? If you have forgotten to claim the dividend, then don't worry; read this blog, and you will get to know how you can claim it now. Sometimes it happens that investors, as well as companies, forget regarding their investment in several bank accounts. The unclaimed dividend or shares are generally recorded in case any investor fails to demand the dividend that has already been paid.

  2. Is there any way to claim the dividend? If you have missed the maturity date and are looking for claims, you should know that amounts that aren't claimed by investors are transferred to a different bank account by that financial organization. The liable investor can demand their dividend in between 7 years. However, suppose someone doesn't claim it within that time frame. In that case, they can't get access to claiming from that particular financial organization as per the stipulation of 'Ministry of Corporate Affairs'- it is now considered as unclaimed dividend transfer to iepf. • What is IEPF? The Indian Ministry of Corporate Affairs created a fund to inform investors of their investment in specific schemes at the financial organization. However, if the investor doesn't claim the dividend due to location change, loss of official papers, and unwelcome death, the financial organization waits for around 7 years. Within this period, if the claim isn't made, then the amount is transferred to IEPF. Still, investors can demand unclaimed dividend transfer to iepf by filling up the claiming form (IEPF-5) and submitting the necessary documents that are needed to prove that the person is the original investor or the legal heir. The entire procedure is pretty complex and might upset you; however, getting suggestions from experts might turn out to be fruitful for you.

  3. Is consultation with experts necessary for claiming the dividend from IEPF? Consultation with finance experts can quicken the iepf share transfer as they are well-versed in handling any kind of uncertainty strategically. In addition, they will help you in filling up the form to submit the documents. Moreover, the whole process generally takes a bit of time; however, any professional organization which has been dealing with this kind of case for several years knows how it can be done in less time. So, whenever you are going to claim your unclaimed dividend, consider consulting with any reputed financial firm. 

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