India to Launch Unified Portal for Unclaimed Financial Assets

The Finance Ministry, in collaboration with the Reserve Bank of India (RBI), is set to launch a unified portal to help citizens claim unclaimed financial assets from various sectors, including bank deposits, pension funds, insurance, shares, and dividends. The announcement was made by M. Nagaraju, Secretary of the Department of Financial Services, during the “Aapki Poonji Aapka Adhikar” (Your Money, Your Right) awareness campaign organized by Punjab National Bank in Delhi.

Current Claiming Systems
At present, multiple regulatory bodies have separate portals for claiming unclaimed assets:

RBI: UDGAM portal

SEBI: MITRA portal

IRDAI: Bima Bharosa portal

The new integrated platform, led by the RBI, will consolidate all these services, allowing citizens to claim their unclaimed funds more easily, with enhanced transparency and accessibility.

Need for the Unified Portal
Nagaraju pointed out that millions of rupees remain unclaimed across India due to a lack of awareness. The government aims to bridge this gap by combining digital access with educational initiatives to empower people to recover funds that rightfully belong to them.

Nationwide Awareness Campaign
Finance Minister Nirmala Sitharaman launched a three-month nationwide campaign on October 4, 2025, to inform citizens about unclaimed assets and guide them on how to locate, update, and claim their funds. The campaign is coordinated by the Department of Financial Services, RBI, SEBI, IRDAI, and IEPFA.

Funds Recovered
To date, the government has facilitated the return of Rs 1,887 crore to rightful owners. With ongoing awareness camps and expanded digital access, the recovery process is expected to accelerate, ensuring that citizens can reclaim their unclaimed assets.