The Reserve Bank of India (RBI) and the Ministry of Finance are working to introduce a unified portal that enables citizens to retrieve all unclaimed assets across asset classes such as bank deposits, pension funds, shares, and dividends, as the Centre remains focused on financial inclusion and financial education to help people claim their rightful savings.
Speaking at a mega camp on ‘Aapki Poonji Aapka Adhikar’ (Your Money Your Right) organised by the Punjab National Bank on Thursday, Department of Financial Services Secretary M Nagaraju said that while the RBI has launched UDGAM portal; Securities and Exchange Board of India (SEBI) has the MITRA portal, and the Insurance Regulatory and Development Authority of India (IRDAI) introduced the Bima Bharosa portal, there was a need to have one unified platform for the ease and understanding of the common people.
“The Department of Financial Services is working with the Reserve Bank of India (RBI) to develop a unified integrated portal...for across all the regulators and to be coordinated by the RBI,” he said.
The integrated portal would make it substantially easier for citizens to locate their unclaimed funds and ensure convenience, transparency and trust, the financial services secretary added.
Also Read: FM launches campaign to reclaim unclaimed financial assets
On October 4, Finance Minister, Nirmala Sitharaman, had launched a three-month nationwide awareness campaign to run from October-December 2025 on unclaimed assets in the financial sector, titled ‘Apki Poonji, Apka Adhikar (Your Money, Your Right)’.
Launched by the Department of Financial Services under the Finance Ministry, in coordination with the RBI, IRDAI, SEBI, and the Investor Education and Protection Fund Authority (IEPFA) under the Ministry of Corporate Affairs, it helped facilitate efforts that enabled the return of ₹1,887 crore to rightful owners or their nominees, Nagaraju said.
With more camps being planned, the government wants to improve digital access by providing citizens with on-the-spot guidance on how to search for their unclaimed assets, update records and complete claim procedures, he added.
Unclaimed financial assets, including insurance policy claims, bank deposits, dividends, shares, and mutual fund proceeds, often remain unclaimed due to the lack of awareness or outdated account details.
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