Hi,
I have a dormant Demat account with one of the reputed DPs. The account was last used in 2015. Now I have got an email notification for crediting the unclaimed dividend associated with the dormant Demat account. I have no other way to claim the dividend than re-activating the dormant Demat account.
Please let me know if it is possible to re-activate a dormant Demat account? Up to what time can the account be in inactive status?
If activating a Dormant Demat account is not possible, what are the other possible ways to claim the unclaimed dividend?
Please advise as necessary.
Thanks.