Overview
- Prime Minister Narendra Modi highlighted over Rs 1.04 lakh crore still unclaimed across sectors, including about Rs 78,000 crore in banks, Rs 14,000 crore in insurance, Rs 3,000 crore in mutual funds and Rs 9,000 crore in dividends.
- Launched on October 4, the national campaign has helped return roughly Rs 2,000 crore in October and November through coordinated outreach and on-ground assistance.
- RBI’s year-long Scheme for Facilitating Accelerated Payout, running from October 1, 2025 to September 30, 2026, contributed to a Rs 760 crore reduction in the DEA Fund in October, according to the central bank’s deputy governor.
- Citizens can search and claim using the UDGAM portal for bank deposits, IRDAI’s Bima Bharosa for insurance proceeds, SEBI’s MITRA for mutual funds, and the IEPFA portal for unpaid dividends and unclaimed shares.
- Parliamentary data show State Bank of India has transferred the most to the RBI’s DEA Fund among PSBs at Rs 19,330 crore as of June 30, 2025, with totals across 12 public sector banks at about Rs 58,331 crore.