The Finance Ministry is working with the Reserve Bank of India (RBI) to launch a single integrated portal that will help people easily find and claim their unclaimed money.
This includes money stuck in old bank accounts, pensions, shares, dividends, and other financial assets.
Financial Services Secretary N. Nagaraju shared this update during an investor awareness program held by Punjab National Bank.
Why a Single Portal Is Needed
At present, information about unclaimed assets is scattered across different platforms.
For example, RBI has the Udgam portal, SEBI runs the Mitra portal, and IRDA operates the Bima Bharosa portal.
The upcoming integrated portal will bring all this information to one place.
This means people will be able to search for their missing financial assets more easily.
The government aims to make the entire process simple, transparent, and trustworthy.
What Are Unclaimed Assets?
Unclaimed assets include money or benefits that remain unused for years.
These could be old bank deposits, forgotten insurance claims, unredeemed dividends, shares, or mutual fund units.
Many people lose access to these assets due to outdated contact information or simply because they are unaware of them.
Nagaraju said that the government wants to make sure every citizen can access accurate financial details and claim what truly belongs to them.
₹1,887 Crore Already Returned to Citizens
Finance Minister Nirmala Sitharaman launched a national campaign called “Your Capital, Your Rights” on October 4.
This three-month campaign is being run with the help of RBI, SEBI, IRDA, and other financial regulators.
So far, ₹1,887 crore has already been returned to rightful owners and nominees.
Nagaraju said the number is expected to grow as more digital services and awareness camps are added.
During this campaign, citizens will also receive clear step-by-step guidance to help them find and claim their unclaimed assets.
