The Finance Ministry and the Reserve Bank of India (RBI) are jointly working on an innovative unified platform designed to help citizens locate and recover their unclaimed financial assets with far greater ease. This major initiative aims to streamline the scattered and complicated process of identifying unclaimed deposits, dormant investments and pending payouts, which currently lie across multiple financial institutions and regulatory bodies.
Under the government’s campaign “Aapki Poongi, Aapka Adhikar” (Your Capital, Your Right)—launched in October 2025 to promote financial awareness—over ₹1,887 crore has already been returned to rightful owners and their nominees. The upcoming portal is expected to accelerate this recovery process and make claiming long-pending assets significantly simpler for millions of Indians.
At present, unclaimed assets in India are spread across several regulatory platforms:
RBI’s UDGAM portal for unclaimed bank deposits
SEBI’s MITRA platform for dormant securities, shares and dividends
IRDAI’s Bima Bharosa portal for unclaimed insurance proceeds
Despite these tools, many citizens continue to face difficulties due to the complexity of procedures, lack of awareness, and the need to search across different sources. The government has acknowledged that the scattered nature of the system often discourages people from pursuing claims, leaving significant sums unclaimed for years.
The new integrated portal being developed by the Finance Ministry and RBI aims to address these gaps by consolidating all categories of unclaimed financial assets—including bank deposits, shares, dividends, insurance claims and pension balances—into a single searchable platform. This will ensure that citizens no longer need to visit multiple websites or institutions to track down their rightful money.
The soon-to-be-launched platform is designed to provide a seamless, transparent and user-friendly experience. Some of the major features expected include:
Users will be able to search for dormant or unclaimed assets across all regulators in a single place. This unified structure will eliminate the need to browse multiple portals, ensuring a faster and more efficient search.
The portal will include digital assistance tools to help users verify their identity, upload required documents, update personal details and initiate claim requests. This is expected to significantly cut down on manual paperwork and reduce delays.
As part of the “Aapki Poongi, Aapka Adhikar” awareness drive, the government is also planning dedicated support camps where citizens can seek in-person help to track and reclaim their funds. These camps will provide instant assistance with documentation, verification and portal navigation.
According to Financial Services Secretary M. Nagaraju, the portal will strengthen transparency while ensuring quicker settlements. He stated that preparations are in the final stages and the portal is expected to be launched soon.
Unclaimed financial assets in India have been steadily increasing over the years, often due to reasons such as:
Change of residence
Death of account holders
Incomplete documentation
Lack of awareness among nominees
Multiple accounts held over decades
By simplifying the process and bringing everything under one digital roof, the government aims to ensure that rightful beneficiaries can reclaim funds that have been lying idle for years.
For millions of Indians, particularly senior citizens and families of deceased depositors, this initiative could unlock long-pending funds and strengthen financial stability. It also marks an important milestone in the government’s broader efforts toward digital empowerment, financial literacy and inclusive growth.
