₹78,000 Cr Unclaimed: Is Your Money Lost Forever?
The government has launched a single portal where you can search for unclaimed bank deposits, insurance policies, and mutual funds all in one place. If a family member died or simply forgot an old account, this is how you find that money.
That unclaimed pile could fund 26 crore cups of chai — and some of it may be yours
Your forgotten deposits and policies could be sitting unclaimed right now
Key Takeaways
Visit the UDGAM portal (rbi.org.in/UDGAM) and search using your name, PAN, or Aadhaar to find unclaimed bank deposits across multiple banks.
Check IEPF (iepf.gov.in) for unclaimed dividends, shares, and mutual fund redemptions linked to your or a deceased family member's PAN.
Contact your insurer directly or check the IRDAI Bima Bharosa portal if you suspect an old life or health policy has gone unserviced.
The government has launched a single portal where you can search for unclaimed bank deposits, insurance policies, and mutual funds all in one place. If a family member died or simply forgot an old account, this is how you find that money.
Here's what happened: A unified government portal now lets Indians search for unclaimed bank deposits, lapsed insurance policies, and dormant mutual fund folios in one place.. Deposits inactive for 10+ years move to RBI's DEAF fund; unclaimed insurance money goes to IRDAI's Senior Citizens' Welfare Fund after a set period.. Billions of rupees sit unclaimed because families lose track of old accounts, especially after a relative's death or relocation..
What you should do: Visit the UDGAM portal (rbi.org.in/UDGAM) and search using your name, PAN, or Aadhaar to find unclaimed bank deposits across multiple banks.. Check IEPF (iepf.gov.in) for unclaimed dividends, shares, and mutual fund redemptions linked to your or a deceased family member's PAN.. Contact your insurer directly or check the IRDAI Bima Bharosa portal if you suspect an old life or health policy has gone unserviced..
Even a savings account untouched for 10 years is classified 'inoperative' — reactivate it at your branch with KYC before the funds are transferred to RBI's DEAF fund permanently.
Check Your Unclaimed Money
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- [1]“Government launches portal to trace unclaimed bank deposits, insurance policies, mutual funds: How to access” Wealth-Economic Times · 5 Jun 2026
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