Need Expert Advice?Our Gurus Can Help
Ramalingam

Ramalingam Kalirajan  |11455 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Sep 01, 2026

Ramalingam Kalirajan has over 26 years of experience in MF distribution and wealth management. He holds an MBA in Finance from the University of Madras and is a CFP (Certified Financial Planner) credentialed professional. He is the Director of Holistic Investment, a Chennai-based AMFI-registered Mutual Fund Distribution (ARN-4188) and APMI-registered PMS Distribution firm (APRN07386), helping clients build long-term wealth through mutual funds and other investment solutions.... more
Asked by Anonymous - Aug 08, 2026
Money

Sir 10 sal pahle maine apne bete sahil Sanjay Rathod ke nam se 30000 ki fd kar thi oh kaise vapas milega

Ans: » Good that you are checking this old FD now.

» If the FD was made 10 years ago in your sons name, it can still be traced.

– First find the FD receipt, if available.
– Check the bank or post office where it was opened.
– Carry your sons PAN, Aadhaar and bank details.
– If your son is now an adult, his presence may be required.
– If the FD was opened when he was a minor, old KYC records may help.
– Ask the branch to check the FD using his name and customer ID.
– The maturity amount depends on the original FD period and interest rate.
– If the FD matured earlier, the bank can confirm its present status.
– It may have been renewed automatically after maturity.
– It may also have been transferred to another deposit account.

» If the FD receipt is lost

– Do not worry. Banks can trace deposits through their records.
– Submit a written request to the branch.
– Provide the approximate opening year and FD amount.
– Give your sons full name and available KYC details.
– The bank can guide you about the claim process.

» Important point

– If your son is still a minor, the process differs.
– If he is now 18 or older, his KYC may need updating.
– If you tell me the bank name, I can explain the exact process.
– Also tell me whether your son is now above 18 years.

» Final Insights

– Rs.30,000 FD should not simply disappear because it is old.
– The key is identifying the bank and FD account.
– Please keep any old receipt or passbook safely.
– Do not pay anyone claiming they can recover the FD for you.

Best Regards,

K. Ramalingam, MBA, CFP,
AMFI-Registered MFD – ARN 4188

www.holisticinvestment.in/

https://www.linkedin.com/in/ramalingamcfp/
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
Money

You may like to see similar questions and answers below

Latest Questions
T S Khurana

T S Khurana   |571 Answers  |Ask -

Tax Expert - Answered on Sep 07, 2026

Money
a. An apartment in a four in one building was purchased by me on 18/02/1991 at a cost of Rs.2,60,000/- b. All the four owners of the building decided to go for redevelopment and Joint Development agreement was done with a builder on 12/02/2019. c. As per agreement total 6 flats will be constructed of which four for original owners and two for the builder. d. The vacant possession of the building was handed over to builder only during June 2019. e. Building demolition permission was obtained on 5/08/2019 f. New Building approval was given on 9/10/2020. ( The delay was due to Coastal Zone permission and new FSI rule approval ) g. Completion certificate was obtained on 8/3/2023. h. There was nil monetary transaction between owners and builder. i. The builder sold his flats for RS.1.04 crore and Rs.1.02 crores respectively 0n 30th June 2023.(ie.on getting completion certificate) j. Now I propose to sell my flat for 1.125 crore. BASIC DETAILS : I. I have Pension income, Interest from deposits and Dividend income from my Bank’s shares and am a regular IT payer. II. I have two house properties of which the above is one and another is a dilapidated house in a remote village with taxable value of Rs.35/- III. I was showing the house property income of Rs.35/- under ITR2 till assessment year 2020-21. IV. On demolition of the above flat in 2019, I was showing the village property only as self-occupied with NIL income under ITR1. V. This continued till assessment year 2025-26. ( It means for assessment years 2023-24,2024-25 and 2025-26 the reconstructed property was omitted to be shown in IT. The effect on taxation is Rs.11/- per year considering the village property’s taxable value) VI. This year I have shown both the properties as self-occupied in my IT return Advise sought: A. How to ascertain the value of property on the date of completion certificate? B. The property not being alienated, the capital gains should be “NIL” as on 2023. But in 2023-24 IT return it was not brought out. What is course correction for it now? C. What will be the Capital gain on sale of this property now - may be during September?
Ans: Relavent dates and figures are :
01. Purchase Price (1991) Rs.2.60 (L).
02. Expected Sale Price (2026) Rs.112.50 (L).
03. No Cost/Expenses were incurred during 12.02.2019 to 2026 (expected Sale date).
04. You will have to pay LTCG based on these figures.
05 (a). TAX PLANNING : You should get a Valuation Certificate from Architect, about the value of your Flat as on 01.04.2001. This can be treated as Cost of your property/flat in 2001. Indexation benefit may be taken from this date & this value.
05 (b). Since you occupied this Flat during the period from 2001 (date of valuation) till June-2019, you can claim Maintenance & Renovation Cost during this period, if any. This shall reduce your tax liability.
05 (c). Cost or Value an on date of completion certificate, is not relevant in this case. Cost of newly build flat shall be considered as explained in above points.
06. LTCG shall be taxed at rate of 12.50% without Indexation or @ 20% with Indexation.
07. Exemption can be claimed u/s 54 if you purchase another Residential unit, with in specified time. You can also purchase Capital Gain Bonds up to Rs.50.00 (L) to save Tax.
08. You are most Welcome to write for any further details or points, if required. Thanks.

...Read more

Nayagam P

Nayagam P P  |12553 Answers  |Ask -

Career Counsellor - Answered on Sep 07, 2026

Asked by Anonymous - Sep 06, 2026
Career
Hello sir Can you suggest me which college should I target Based on mht cet in ACAP/SPOT ROUND For tech branch at 85 percentile Ladies obc mh candidature
Ans: Based on your MHT-CET percentile, Maharashtra candidature, OBC category and female candidature, you can consider the following colleges for ACAP/Institute-Level or Spot Round opportunities, depending on the vacancies available: A) Dream – Apply, but don’t depend much on these: 1) PCCOE, Ravet – CSE/AI-DS; 2) AISSMS IOIT, Pune – IT/E&TC; 3) MMCOE, Karvenagar – AI-DS/E&TC; 4) MIT Academy of Engineering, Alandi – CSE/IT; 5) JSPM RSCOE, Tathawade – E&TC/other technology branches. At 85 percentile, these should be treated as aspirational options, with ACAP/spot vacancies determining the actual opportunity.

B) Target – Best ACAP/Spot opportunities: Dr. D. Y. Patil Institute of Technology, Pimpri-Akurdi – AI-DS/E&TC; 7) Dr. D. Y. Patil Technical Campus, Talegaon – CSE/AI-DS; 8) Dhole Patil College of Engineering, Pune – IT; 9) Zeal College of Engineering & Research, Pune – AI-DS/IT; 10) Sinhgad College of Engineering, Vadgaon – IT; 11) D. Y. Patil College of Engineering, Lohegaon – AI-DS/E&TC. This should be the primary focus because these options provide a more realistic balance between college quality, technology branches and the possibility of ACAP/spot vacancies.

C) Safe – Keep as strong backups
JSPM Narhe Technical Campus – CSE/IT/AI-DS; 13) RMD Sinhgad School of Engineering – IT/AI-DS; 14) Pillai College of Engineering, New Panvel – IT/Computer; 15) Terna Engineering College, Navi Mumbai – IT/Computer; 16) SIES Graduate School of Technology, Navi Mumbai – IT/Computer. These should be maintained as practical backup choices if preferred Pune options do not materialise.

Recommended preference order: 1) DYP Talegaon CSE, 2) Dhole Patil IT, 3) Zeal AI-DS, 4) Sinhgad IT, 5) DYP Akurdi AI-DS/E&TC, 6) AISSMS IOIT E&TC, 7) PCCOE-R AI-DS, 8) JSPM Narhe CSE/IT, 9) RMD Sinhgad IT, and 10) DYP Lohegaon AI-DS/E&TC. ACAP/Institute-Level vacancies are dynamic, so these are targets rather than guaranteed admissions; Maharashtra CET Cell requires institute-level admissions to follow the prescribed admission rules and merit process. All The Best for Your Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Archana

Archana Deshpande  |132 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on Sep 06, 2026

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x