Place your iepf unclaimed dividend with expert advice from leading agencies
Unclaimed or forgotten dividends have become a common concern, people face at different times. These conditions require proper solutions from expert professionals. You can get such services from some professional expert agencies at an affordable rate anytime. You just have to identify the best service provider and get customized services to solve your problems regarding financial instruments like different investments. People with such issues, need to understand the procedure further for the standard system to clear your unclaimed dividend.
What is an IEPF unclaimed dividend?
Unclaimed dividends can be of different kinds, and
IEPF aka Investor Education & Protection Fund, Govt of India is a common
one among them. When a customer forgets to claim his or her investment for
years after completion of the term, the financial institutions can hold those
investments for a certain period of 7 years. After which, IEPF takes the amount
in their custody, and if you are planning to claim that iepf unclaimed dividend, you will have to take expert help to process maintaining the
decorum. As IEPF is an authority under the Ministry of Corporate Affairs, you
need to place your claim with the correct documents in the right manner.
Why do you require professional help for the claim?
Once the dividends or shares are transferred to
IEPF, it is not that easy and seamless to get them back. As an investor, you
need to fulfill multiple requirements as per the IEPF procedure for receiving
the investment back. Once you get the entitlement, you are supposed to meet the
Nodal officer for the rest of the job done. You will receive the verification
from the company at this stage. With these documents, finally, you can place
your final claim for the shares of your previously unclaimed shares.
If you have multiple such shares, you need to
submit separate claims for each dividend, and you have to submit your claim. Also,
you need to ensure that you are properly connected with Register, the company,
and coordinate with them from time to time. This process of iepf unclaimed
dividend is very complicated and long. Every investor needs professional
guidance to ensure that you are following the perfect process to get the shares
back as soon as possible with fewer hurdles.
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