What Happens If Dividend Is Unclaimed for 7 Years?
You Can Lose Shares If the Dividend Is Unclaimed for 7 Years
Don’t Lose Ownership of Your Shares! Here's What You Must KnowMany investors are unaware that if the dividends on their shares remain unclaimed for seven consecutive years, the shares are transferred to the Investor Education and Protection Fund (IEPF) under the Ministry of Corporate Affairs.
🔍 What is IEPF?
IEPF is a government-managed fund that transfers unclaimed dividends and shares. Its purpose is to protect investors’ interests and prevent misuse of inactive investments.⚠️ When Are Shares Transferred to IEPF?
- When dividends on shares are not claimed for 7 consecutive years.
- If the investor fails to update the bank or contact details.
- If the investor is untraceable, legally incapacitated, or deceased.
🔒 How to Prevent Shares from Being Transferred
- ✅ Regularly check your demat and dividend status.
- ✅ Keep your bank account and contact info updated.
- ✅ Respond to emails and reminders from the company/RTA.
- ✅ Claim even small dividend amounts annually.
📤 How to Reclaim Your Shares from IEPF
- Visit the official website: www.iepf.gov.in
- Download and fill Form IEPF-5.
- Submit the filled form with required documents to the company’s Nodal Officer.
- The company verifies and sends it to IEPF.
- On approval, your shares/dividends are restored to your demat account.
✅ Checklist to Avoid Share Loss
- 📌 Do not ignore dividend credit alerts.
- 📌 Always update contact and bank details after a job or address change.
- 📌 Stay in touch with your RTA, DP, or broker.
- 📌 Don’t delay claiming small dividend payments.
📞 IEPF Helpdesk
Email: iepf@nic.inHelpline: 1800 114 667
🚀 Final Words
Don’t let inaction cost you your investments. Monitor your dividends and update your records regularly. If your shares are already transferred, act today and reclaim them! Take Action Now!Follow us on Instagram 👉 @wall8_investment
📌 Tags: IEPF, Unclaimed Dividends, Reclaim Shares, Investor Awareness, Demat Account Tips, Stock Market India

Comments
Post a Comment