The fund of dormant accounts of post offices will be deposited in this welfare fund. In which about 12000 dormant accounts are lying and the funds of these accounts will be deposited in this senior citizen welfare fund. Talking about this fund then it has been lying in these accounts for the last 10 years. For the last 10 years, there is no transaction of any kind, nor are the account holders interested in running this account. Since the account has been opened, no one has ever claimed the amount lying in it. While the Department of Posts has also put details of such accounts on the departmental website several times. No one has considered their rights on any of these accounts.
Once again the Department of Posts is announcing this and giving an opportunity to the account holders that if any account holders want to take the amount of their dormant account, then their passbook along with their documents in respective head post office Mandi, Sundernagar Township, Kullu, Keylong and With the documents (Aadhaar card, driving license, voter certificate, etc.), you can get the payment of your pending amount or else the Department of Posts Person will submit the Senior Citizen Welfare Fund. Talking about this amount, then it is in millions.
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Senior Superintendent of RK Chaudhary Mandi Dak Mandal informed that the dormant funds of depositors along with post offices, banks, etc have been notified by the Government of India under the Senior Citizens Welfare Fund Rules, 2016 under the management rules and according to this rules such accounts. The amount of such inoperative accounts will be deposited in the Senior Citizen Welfare Fund, which is inactive or non-operated for more than 10 years. This information is also clear that the number of inactive accounts of this kind is more than 12,000. He has also issued a notice for this and has given the last chance in which the account holders can get the amount by showing their required documents.