UDGAM, Your Money, Your Right ₹1.84 Lakh Crore Remain Unclaimed. Find Out If Some of It Is Yours!
What if you woke up to find a forgotten fortune locked away in your family’s name? Seems like a dream come true, doesn’t it? But this treasure isn’t hidden in a dusty attic or under the cemented surface of your room or floorboard, but inside the forgotten accounts in India’s banks, insurance, and other digital ledgers, such as mutual funds. Believe it or not, we have approximately ₹1.84 lakh crore waiting to be reclaimed. This amount is a collective of lost hopes, unsent letters, and dreams deferred by time and paperwork. Among this huge unclaimed amount, your inheritance could be waiting to be claimed.
Those who wish to know whether they have any such forgotten accounts linked to their name, the Reserve Bank of India has launched a portal named UDGAM. Yes, the Reserve Bank, as guardian of this sleeping wealth, has released this portal to help families reclaim what time, distance, or bureaucracy stole. Your forgotten unclaimed money. The Reserve Bank of India has flung open the door, inviting everyone to treasure hunt for what’s theirs. Yes, this money is silently sleeping in banks, matured insurance policies, and mutual funds, etc., belong to people and families who may have long forgotten their rightful inheritance.
Let Corporate Soldiers help you understand the UDGAM portal and know how you can get all the information about this unclaimed money under your name!
How Much is This Unclaimed Wealth?
The unclaimed financial assets are huge in number. This tells us how much money Indian households lost due to so many reasons. The money belongs to many households, but is trapped due to missing documentation, forgotten assets, or a lack of awareness. An astonishing treasure, ₹1.84 lakh crore in unclaimed wealth, is waiting for its rightful owners. This isn’t money lost to time or government coffers but hard-earned savings, investments, and policies belonging to millions of families across the nation. Now, with the launch of the nationwide campaign ‘Apki Poonji, Apka Adhikar’ (Your Money, Your Right), each family can reclaim these assets. Yes, Indian citizens, it’s time to claim what is yours. Like ripe fruit hanging just within reach, this wealth belongs to every Indian. Go and rediscover your forgotten fortune and bring your legacy back home. Let’s see how much this unclaimed money is and what type of assets these are.
- There are bank deposits worth ₹78,213 crore. The money remains primarily in savings, current, and term deposit accounts inactive for over a decade.
- An amount of ₹50,000 crore lies in Equity Shares. Most are forgotten shareholdings, dividends, and demat accounts.
- The insurance policies altogether, are of ₹20,062 crore. The policies are mature but unclaimed.
- There is approximately ₹8,500 crore in the form of Employee Provident Fund (EPF). The amount lies in dormant EPF accounts, often left behind by retirees or job-switchers.
- Mutual Funds, worth ₹3,452 crore, include unredeemed unit balances and payouts.
| Asset | Amount | Details |
| Bank Deposits | ₹78,213 crore | DEA Fund, via UDGAM portal |
| Equity Shares | ₹50,000 crore | Shares, Dividends |
| Insurance | ₹20,062 crore | Matured, Unclaimed policies |
| Employee Provident Fund | ₹8,500 crore | Dormant accounts |
| Mutual Funds | ₹3,452 crore | Unredeemed units |
What is The UDGAM Portal?
UDGAM is your way to claim this unclaimed money. The RBI has launched the UDGAM portal where you can get all the information regarding these unclaimed deposits. This portal now covers around 90% of India’s unclaimed bank deposits. Therefore, if you want to know whether you have any such forgotten accounts linked to your name, you can search for dormant accounts and claim the money in one place. Ever since this portal was launched, over 8.5 lakh users have already accessed the portal. This portal is already helping the citizens find and claim their unclaimed bank deposits across multiple banks in one place. These unclaimed deposits remain in the Depositor Education and Awareness (DEA) Fund. The portal UDGAM centralizes the search process and lets users check dormant savings, term deposits, and current accounts that have remained inactive for 10 years or more.
Know The Process!
Users can register on the portal using their mobile number and basic identification details, such as PAN, Aadhaar, voter ID, or passport. Once logged in, one must enter the account holder’s name, select banks, and input at least one ID proof to search for unclaimed deposits. This easy process of the portal then gives you all the information. The portal provides details such as the bank name, location, and a unique Unclaimed Deposit Reference Number (UDRN), alongside instructions on how to claim the money directly from the respective banks. Yes, don’t get confused. UDGAM itself does not process claims; it revolutionizes financial access by simplifying the discovery of long-lost money and guiding users toward reclaiming their dormant funds safely and efficiently. With over 8.5 lakh users having successfully located their unclaimed deposits through UDGAM by mid-2025, the portal marks a major step in bridging India’s wealth gaps and empowering individuals to recover what is rightfully theirs.
Step 1. Register at udgam.rbi.org.in using a valid mobile number.
Step 2. Enter details: name, PAN, Aadhaar, and bank information.
Step 3. Search across registered banks for unclaimed deposits.
Step 4. Claim instructions and verification protocols are guided step-by-step.
The Campaign, Your Money, Your Right!
The campaign started by Finance Minister Nirmala Sitharaman started with the phrase, Your Money, Your Right. For the first time, regulators and banks are chasing compliance as well as closure. This means banks and regulators must follow a few points.
- They must run awareness drives in every district and city, which means to educate the public on dormant assets and how to claim them.
- They should reach out to heirs, not just with FAQs, but with empathy. Also, they should promote the UDGAM portal for centralised claims.
- They must unlock funds with three-month deadlines, so hope doesn’t gather as much dust as deposit receipts. Officials must resolve cases, verify documents, and process claims quickly.
Let’s Claim Your Unclaimed Money!
The UDGAM portal is like a lifeline to every Indian family whose forgotten savings have been lying in bank accounts and insurance policies. People are becoming aware and reclaiming their money. The stories are emerging everywhere. A retiree whose decades-old deposit paid for his medical treatment, or a family reunited with a long-lost insurance payout; people are claiming their inheritance. The ₹1.84 lakh crore means thousands of dreams rekindled, many opportunities, and futures restored. Everyone is claiming what is theirs before this treasure wanes back into silence once again. It’s time to reclaim your unclaimed money!
Corporate Soldiers wishes you luck!
