Lic Unclaimed Amount – I want to know about LIC's unclaimed amount and its current value.
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Answered: July 13, 2023
As of September 2021, LIC has unclaimed funds amounting to Rs 21,539 crore, according to the draft prospectus filed for its IPO with SEBI. This includes the interest earned on the outstanding unclaimed amount.
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Answered: July 13, 2023
In the financial year 2021, LIC had an unclaimed amount of Rs 18,495 crore, compared to Rs 16,053 crore in the previous year. The unclaimed funds have been accumulating over the years, and currently, LIC holds over Rs 21,000 crore of unclaimed funds.
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