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Depositors can view information relating to their unclaimed deposits on Udgam portal which was created in collaboration with Reserve Bank Information Technology (ReBIT), Indian Financial Technology & Allied Services (IFTAS), and other institutions
The Reserve Bank of India (RBI) has announced that 30 banks have been included on the UDGAM portal, which allows individuals to search and claim unclaimed deposits. Initially launched with seven banks, the portal now covers around 90% of unclaimed deposits in the Depositor Education and Awareness (DEA) Fund. Major public sector lenders, foreign banks, and private sector lenders are included in the list. The RBI received approximately Rs 35,000 crore of unclaimed deposits from public sector banks, with SBI having the highest amount at Rs 8,086 crore.
RBI Launches A New Portal To Check Unclaimed Money In These 7 Banks (Unclaimed FD, Saving A/C & More) - Trak in trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.
The Reserve Bank of India (RBI) on August 17 launched a Centralised Web Portal UDGAM (Unclaimed Deposits – Gateway to Access information). This portal has