Jammu, May 7 -- Nearly Rs 492 crore remains unclaimed in various banks across Jammu and Kashmir despite a special nationwide campaign launched by the Central Government to help people recover dormant deposits and forgotten accounts.
According to official figures, the highest amount of unclaimed deposits is lying with J&K Bank, where nearly Rs 331 crore remains unclaimed. This is followed by State Bank of India with around Rs 77 crore and the Punjab National Bank with nearly Rs 44 crore in unclaimed deposits.
Officials said the money is lying in savings accounts, fixed deposits, pensions, dividends, and other financial instruments that have remained inactive or unclaimed for years.
To facilitate the return of such deposits, the Central Go...