Reserve Bank of India (RBI) has unveiled a Scheme for Facilitating Accelerated Payout – Inoperative Accounts and Unclaimed Deposits , aimed at encouraging banks to take proactive measures in tracing depositors and return funds that are lying dormant. Effective from 1 October 2025 and valid through 30 September 2026, the scheme seeks to reduce the stock of idle balances and enhance depositor confidence by ensuring swifter restitution of unclaimed and inoperative account balances. Under this new scheme, every bank registered under the depositor education & awareness (DEA) fund framework stands eligible to participate. The scheme encompasses both inoperative accounts and deposits that have already been transferred to the DEA Fund but remain unsettled. To incentivise action, R

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