â¹19,567 crore left unclaimed in bank vaults as of June 2018
The government vaults had unclaimed deposits amounting to â¹19,567 crore as of June 2018. This is 33% higher than the previous year when unclaimed deposits stood at â¹14,697 crore. The deposits are transferred to RBI's Depositor Education and Awareness (DEA) Fund, which takes over bank accounts and deposits that have not been operated or claimed for over 10 years.