Unclaimed & Unpaid Dividends Recovery Hub
Dividends declared by Indian companies that remain un-encashed for 7 years are transferred to the IEPF bank account. Learn how to trace historic unpaid dividends and claim direct bank transfers.
Understanding Unpaid vs Unclaimed Dividends
When a listed company declares a dividend, the funds are deposited into a dedicated Unpaid Dividend Account. If a shareholder does not encash dividend warrants or if ECS direct bank credits bounce due to outdated bank details, the funds remain in the Unpaid Dividend Account for 7 years.
7-Year Statutory Timeline
Under Section 124(5) of the Companies Act 2013, any money transferred to the Unpaid Dividend Account of a company which remains unpaid or unclaimed for a period of 7 years from the date of such transfer is credited to the IEPF Authority along with interest accrued.
How Dividend Refunds Are Credited
Upon successful verification of Form IEPF-5, the IEPF Authority issues a electronic refund mandate releasing the total accumulated dividend amount directly into your verified bank account via ECS/NEFT.
Check Your Unpaid Dividend Entitlements
Calculate accumulated unpaid dividends across your family's historic shareholdings.
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