₹1 Lakh Crore Unclaimed: Find Your Lost Deposits?
Nearly ₹1 lakh crore in forgotten bank deposits has been moved to an RBI fund. If you or a family member has old or inactive accounts, you can search and claim that money for free through RBI's UDGAM portal right now.
That unclaimed pile could fund 2+ years of chai for every Indian — yet most families don't even know they have forgotten accounts.
Your forgotten bank deposits may be sitting unclaimed right now
Key Takeaways
Visit udgam.rbi.org.in, register with your mobile number, and search using your name, PAN, or date of birth — check your own name AND your parents' or grandparents' names.
If you find a match, contact the concerned bank's branch directly or use its online claim form; keep your KYC documents (Aadhaar, PAN, passbook) ready to speed up the process.
As a legal heir, gather the account holder's death certificate, your own KYC, and a succession or nominee document before approaching the bank — missing even one delays the claim.
Nearly ₹1 lakh crore in forgotten bank deposits has been moved to an RBI fund. If you or a family member has old or inactive accounts, you can search and claim that money for free through RBI's UDGAM portal right now.
Here's what happened: Nearly ₹1 lakh crore in deposits across Indian banks has been transferred to RBI's Depositor Education and Awareness (DEA) Fund after accounts remained inactive for 10+ years.. RBI launched the UDGAM (Unclaimed Deposits — Gateway to Access inforMation) portal so individuals can search for forgotten deposits across multiple banks in one place.. Legal heirs of deceased account holders are also eligible to claim funds, provided they submit the required documents such as a death certificate and legal heir proof..
What you should do: Visit udgam.rbi.org.in, register with your mobile number, and search using your name, PAN, or date of birth — check your own name AND your parents' or grandparents' names.. If you find a match, contact the concerned bank's branch directly or use its online claim form; keep your KYC documents (Aadhaar, PAN, passbook) ready to speed up the process.. As a legal heir, gather the account holder's death certificate, your own KYC, and a succession or nominee document before approaching the bank — missing even one delays the claim..
Pro tip: Search your parents' maiden names and name variations too — old accounts opened decades ago often have slight spelling differences that cause people to miss their own matches on UDGAM.
For readers weighing their credit and loan options, our personal loan guide and CIBIL score resources put this update in context.
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- [1]“Unclaimed bank deposits near ₹1 lakh crore: How to find forgotten money and claim it through RBI’s UDGAM portal” mint - money · 12 Aug 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.