HDFC Bank Unclaimed Deposits: List, How to Check & Claim HDFC Unclaimed Deposits?

Unclaimed deposits, or inactive accounts, refer to savings or current accounts with no customer activity for ten years or more. This also includes fixed deposits that remain unclaimed after their maturity date for ten years or longer.

This article provides information on how to check, reactivate, and claim HDFC unclaimed deposits. Read on to learn about the necessary forms, documents required, and other important details regarding the process.

What are HDFC Unclaimed Deposits?

Unclaimed deposits refer to balances in term deposit accounts that remain unclaimed for 10 years after the maturity date, or balances in current/savings accounts that have not been operated for 10 years.

What Happens to HDFC Unclaimed Deposits?

If savings accounts remain inactive (with no deposits or withdrawals), or if balances in fixed or term deposit accounts are not claimed within seven years from the maturity date, they must be transferred to the IEPF (Investor Education and Protection Fund), as per Section 125 (2) of the Companies Act, 2013.

If the deposit is transferred to the IEPF, account holders can claim the amount online by submitting Application Form IEPF 5 (as per Section 125 (3) of the Companies Act, 2013, and Rule 7 of the IEPF Rules). Claimants can easily file this refund application through the official IEPF website.

If the deposit has not yet been transferred to the IEPF, you can still collect it directly from HDFC Bank within seven years of maturity.

HDFC Unclaimed Deposits List

An owner (or another claimant in case of a deceased owner) of an inoperative HDFC account can search for the unclaimed deposit list on the official UDGAM (Unclaimed Deposits Gateway to Access Information) portal.

To access the details, the claimant must register, log in, and search for unclaimed deposit information by entering basic details of the account owner, such as ID proof (Aadhaar, PAN), address proof, name, and date of birth.

How to Check HDFC Unclaimed Deposit?

You can check HDFC unclaimed deposits through HDFC Bank’s Unclaimed Deposits Enquiry page. To search, enter your name, select the relevant detail, and provide the deposit number, PAN, or date of birth. Enter the captcha code and click on ‘Get Account Info’. If you have any unclaimed deposits, they will be displayed on the screen.

How to Claim HDFC Unclaimed Deposits?

You can claim a refund of unclaimed deposits in HDFC Bank by following the steps mentioned below:

Step 1: Visit the official IEPF website. 

Step 2: On the home page, scroll down to the 'Services' section and click on 'Forms'.

Step 3: Under the 'Claimants' section, click on 'Web Form IEPF 5'.

Step 4: On the next page, click on the link provided for new user registration. Enter the details and click on ‘Register’. After you register, log in to the MCA portal to access ‘Web Form IEPF 5’.

Step 5: Fill out and submit the IEPF 5 form.

Step 6: The system will acknowledge the successful submission of ‘Web Form IEPF 5’ by generating an SRN (Service Request Number). For easy tracking of the form in future, keep the SRN handy.

Step 7: After uploading the duly filled IEPF 5 Form, take printouts of both the form and the system-generated acknowledgement.

Step 8: Submit the physical copies of the IEPF 5 Form, acknowledgement (containing SRN), and indemnity bond in original, along with other documents (as mentioned in the IEPF 5 form) to an HDFC Nodal Officer in an envelope marked 'Claim for refund from IEPF Authority'.

Step 9: The HDFC bank will verify your submitted claim form. Based on this verification report, the IEPF authority will release the refund in favour of your account through electronic transfer.

Documents Required to Claim HDFC Unclaimed Deposits

You need to submit the following documents to the IEPF office to claim HDFC Bank's unclaimed deposits:

• Aadhaar card 
• Passport, OCI and PIO card in case of foreigners and NRI.
• Client master list of Demat accounts.
• Proof of entitlement (Debentures, fixed deposit receipts, interest warrant or application number/ statement of transaction, etc.).

The following additional documents must be submitted in case of the death of the account holder:

• Notarised copy of death certificate.
• Notarised succession certificate, Probate or Will.
• No Objection Certificate (NOC) from other holders.
• Duly notarized indemnity bond for transmission.
• Affidavit in the form of surety.

HDFC Unclaimed Deposits Claim Form Download