New Delhi: The Finance Ministry is working with the Reserve Bank of India to build an integrated portal that will allow citizens to claim unclaimed assets across multiple financial categories, including bank deposits, pension funds, shares and dividends. The initiative was confirmed by Department of Financial Services Secretary M Nagaraju during a mega camp on ‘Aapki Poonji Aapka Adhikar’ organised by Punjab National Bank in New Delhi.
“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 platform is expected to be launched soon.
At present, unclaimed assets can be traced through separate portals: RBI’s UDGAM for bank deposits, SEBI’s MITRA for securities, and IRDAI’s Bima Bharosa for insurance claims. The upcoming integrated portal aims to bring all these functions together, improving accessibility, convenience and transparency for citizens.
Nagaraju said that a large volume of unclaimed assets has remained idle due to lack of awareness or outdated account details. He noted that the government’s focus on financial inclusion and education is helping people recover funds that belong to them.
Finance Minister Nirmala Sitharaman launched a three-month nationwide awareness campaign on unclaimed assets on 4 October 2025. Titled ‘Apki Poonji, Apka Adhikar (Your Money, Your Right)’, the drive is being carried out by the Department of Financial Services in coordination with the RBI, IRDAI, SEBI and the Investor Education and Protection Fund Authority.
Providing an update on recoveries, Nagaraju said the campaign and facilitation efforts have already helped return Rs 1,887 crore to rightful owners or nominees. He added that the government plans to speed up settlements as more outreach camps are organised and digital tools become more widely accessible.
During the campaign, citizens are being guided on how to locate unclaimed assets, update their financial records and complete claim procedures. Digital demonstrations and step-by-step assistance are being provided at camps to simplify the process.
BI Bureau
