Finance Ministry, RBI to Launch Unified Portal for Unclaimed Assets
The Finance Ministry and Reserve Bank of India (RBI) are developing a unified portal to help citizens claim unclaimed financial assets across banks, shares, and insurance. DFS Secretary M. Nagaraju announced the initiative on November 28, 2025, stating it will simplify the recovery process for millions.
Key Takeaways
- Single portal for all unclaimed assets: bank deposits, shares, dividends, insurance
- Already ₹1,887 crore returned to rightful owners through outreach camps
- Government accelerating settlements through digital access and awareness
Integrated Portal for Multiple Regulators
“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,” Nagaraju said at a Punjab National Bank camp. While RBI has UDGAM, SEBI has MITRA, and IRDAI has Bima Bharosa, the new portal will integrate all systems.
Nationwide Awareness Campaign
Finance Minister Nirmala Sitharaman launched ‘Apki Poonji, Apka Adhikar’ (October-December 2025), a coordinated effort with RBI, IRDAI, SEBI, and IEPFA. The campaign provides on-the-spot guidance for searching unclaimed assets, updating records, and completing claims.
Why Assets Remain Unclaimed
Unclaimed assets often result from lack of awareness or outdated account details. The government’s financial inclusion push aims to return these funds through digital tools and step-by-step demonstrations.
