Track your Unclaimed Investments
IFFAS specializes in assisting investors in recovering unclaimed dividends, bonuses, and split shares. Despite government efforts to safeguard unclaimed corporate benefits, many investors still face challenges in claiming what rightfully belongs to them. We provide a comprehensive range of services to address these issues, including:
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Non-execution of transmission: When a legal successor fails to transfer shares after the death of the original investor, unclaimed corporate benefits like dividends can arise.
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Outdated records: Unclaimed dividends often occur due to incorrect or outdated shareholder details in company records. Failure to notify the company of address changes or other updates results in a mismatch between the investor’s database and various authorities.
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Non-execution of transfer: Investors who hold physical shares may find shares remaining in the seller’s name due to the failure to execute the transfer to the buyer.
Here is how we can assist you in recovering unclaimed dividends, bonuses, and split shares:
- We can help you identify and verify any unclaimed dividends, bonuses, or split shares that you may be entitled to. This involves reviewing investment records, dividend statements, and corporate actions to ensure that all entitlements are accounted for.
- Once unclaimed dividends, bonuses, or split shares are identified, we will assist you in filing claims with the relevant authorities or companies by completing claim forms, providing supporting documentation, and adhering to any specific procedures required for the claim process.
- We can act as intermediaries between investors and companies to facilitate the recovery process and ensure that claims are processed in a timely manner.
- Sometimes, investors may encounter challenges or discrepancies during the claim process, such as missing documentation, incorrect information, or disputes regarding entitlements. We will help resolve such issues by conducting investigations, liaising with relevant parties, and advocating for investors’ rights to ensure a fair and equitable resolution.
- In cases where legal action may be necessary to recover unclaimed dividends, bonuses, or split shares, we can provide legal assistance and representation by initiating legal proceedings, negotiating settlements, or pursuing alternative dispute resolution mechanisms to resolve the matter effectively.
- We can also help you maximize your recovery by identifying any additional entitlements or opportunities for compensation that may have been overlooked by pursuing claims for missed dividends, bonuses, or split shares from previous years, as well as exploring options for interest or compensation for delayed payments.
At IFFAS, we assist investors in overcoming these challenges, ensuring that unclaimed dividends and other corporate benefits are recovered and transferred to their rightful owners. Trust us to navigate the complexities and facilitate a seamless process, helping you claim what is rightfully yours.
Mutual Funds
Discover the untapped potential of unclaimed redemption amounts in mutual funds, amounting to hundreds of crores.
Why are these amounts unclaimed?
Here are some common reasons:
- Mismatch of name/change of name
- Change of address
- Death of the mutual fund holder
- Closure of bank account
- Mismatch of signature
At IFFAS, we specialize in redeeming unclaimed mutual fund amounts, ensuring you don’t miss out on your hard-earned money. Here is how we can assist you-
- We can help investors identify any unclaimed redemption amounts they may be entitled to by reviewing their mutual fund investment records, transaction statements, and account statements. We can identify instances where redemptions were not processed or where the proceeds were not disbursed to the investor.
- We can conduct investigations and tracing activities to determine the status and whereabouts of unclaimed redemption amounts by contacting mutual fund companies, transfer agents, or other relevant parties to track down the missing proceeds and ascertain the reasons for non-payment.
- Once unclaimed redemption amounts are identified and verified, we can assist investors in preparing and filing claims with the mutual fund companies or their representatives by completing claim forms, providing supporting documentation, and adhering to any specific procedures required for the claim process.
- We can liaise with mutual fund representatives, shareholder services departments, or transfer agents to ensure that claims are processed promptly and efficiently.
- Even if you don’t have all the details of your mutual funds, but remember the names of the mutual fund houses where your investments were made, we can assist you in retrieving the information and recovering those unclaimed funds.
Our Advantages:
Expert Assistance: Our experienced team will guide you through the redemption process, ensuring a hassle-free experience.
Information Retrieval: Even with limited details, we use our extensive resources to locate your unclaimed mutual funds and gather the necessary information.
Seamless Recovery: Once the redemption process is initiated, we ensure a smooth recovery of your unclaimed funds, delivering them directly to you.
Reclaim what’s rightfully yours! Don’t let unclaimed mutual fund amounts go unnoticed. Trust IFFAS Services to help you retrieve and redeem your hard-earned money.
