India has ₹35,000 Crores of Unclaimed Bank Deposits

UDGAM Portal Launch

India has ₹35,000 crores of unclaimed bank deposits. In August 2023, Reserve Bank Of India launched the UDGAM portal to help people find and claim unclaimed deposits.

New Banks Added

Only 7 banks were available then, but now it has ~30 banks online. This covers 90% of the unclaimed amount.

How to Find Unclaimed Deposits?

Register/Login. Enter any 1 search criteria. Select relevant banks. Find your unclaimed deposits. You can even select all banks at a time!

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Looking Forward

Many FDs, RDs and savings/ current accounts in India are inactive. This move by the RBI will solve this problem to a great extent.

Earn 9 - 11%  Fixed Returns

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