Infinysolutions

IEPF, which stands for Investor Education and Protection Fund, is mainly set up to protect the interests of investors. It also spreads awareness among investors about it by mentioning all the details on its website. Many times, people mistakenly fail to claim their shares which were transferred to IEPF by the Company, resulting in lost shares. And crores of such unclaimed funds take the shape of old equity shares, dividends, debentures, and more which pile up with IEPF. If your funds are also lying with IEPF, you must track them and claim your shares in IEPF as soon as possible. Speaking of  lost shares recovery , in this article, we will discuss the guidelines for recovering shares in IEPF. So,  let’s get started! Required Documents for lost share recovery from IEPF Claim form with claimant’s signature. Indemnity Bond claimant’s signature. Copy of Acknowledgement bearing SRN number duly attested by the claimant. Advance stamped receipt Aadhar Card PAN...

Protect yourself from the financial crisis with IEPF IEPF is a unique fund that was created to help protect investors and offer them education. It has many advantages, which is why it’s such an important resource for those looking to invest. Some of the key benefits include its ability to provide financial assistance during times of crisis, support investor education initiatives, and create a safer investment environment for everyone involved. If you’re interested in learning more about  IEPF recovery  or want to find out if it’s the right option for you, keep reading. We’ll go over everything you need to know about this valuable fund. Save Your Money with the Help of the IEPF Authority The government has established an Investor Education and Protection Fund Authority to administer the benefits of shares  unclaimed dividends , matured deposits/debentures etc. among investors in a professional manner through its refunding policy which is beneficial for both investors as we...

In India, KYC has been in existence since 2002 and became mandatory in 2004 by the RBI. Still, people have very little knowledge about it and there is a lot of confusion about its need, updates, documentation requirements, purpose, and many others. That’s why, in this article, all these confusions are cleared by answering everything you need to know about KYC and the updation of KYC’s and signatures. Let’s start. What is KYC and why is it needed? First of all, let’s learn about the full form of KYC. KYC is an acronym for “Know Your Customer” or “Know Your Client.” Updation of KYC’s and signatures is a mandatory and legal procedure that is being done by financial institutions like banks, mutual fund houses, etc. This is to make sure that the identity of the customer is real and accessible. This helps in the prevention of any fraud or illegal financial activity. The updation of KYCs includes verification of the customer’s identity, signature, address, etc. There is a need for KYC to ope...