Over Rs750 crore lying in inactive post office saving accounts

New Delhi: The government today said around Rs752 crore is lying as unclaimed deposits in more than 2.49 crore inactive savings accounts in post offices, reports PTI.

“Rs752,44,57,414.03 is the amount lying in all inactive (silent) accounts as on 31 March 2011 in 2,49,59,446 accounts,” telecom minister Kapil Sibal said in a written reply to Lok Sabha.

Read more: “Over Rs750 crore lying in inactive post office saving accounts” – Moneylife.