Banking and finance are both very labour oriented fields. It’s a very common observation that NRIs invest in government schemes back home or have accounts in banks back home the funds of which are held by the banks. When these accounts are non-transaction/ passive for a longer time they go dormant and hence the accessibility to such funds becomes a challenge. These funds held by the NRIs are held as a safety net for them to use whenever required in their country of residence.
But when an account is dormant for long the funds gets transferred to the Reserve Bank of India and hence access to these funds is not easy. It involves a lot of documents, letters all in all making it a cumbersome task.
Our team understands the lengthiness involved with the same and hence provides services for easy accessibility to funds and investments. From activation of dormant bank accounts, assisting clients in necessary paperwork’s to activation of accounts and so on we have it under control.
