Unclaimed Bank Money Worth Crores: Check If It’s Yours on the UDGAM Portal

Did you know that banks in India are sitting on crores of rupees in unclaimed accounts? Many times, people open bank accounts and stop using them, or the account holder passes away without anyone claiming the funds. As a result, a huge amount of money remains idle in banks, often going unnoticed for years.

To make it easier for people to locate and claim these funds, the Reserve Bank of India (RBI) has introduced the UDGAM portal . This portal allows individuals to check if they have any unclaimed money in banks and guides them on how to retrieve it safely.

How to Check Your Unclaimed Money on UDGAM

• Visit the portal: Go to udgam.rbi.org.in.
• Register yourself: Use your mobile number and OTP to create an account.
• Enter accurate details: Provide personal information like PAN, Voter ID, and date of birth. Make sure the details match the account holder’s records.
• Check results: If a bank account is linked to your information, it will be displayed on the portal. You’ll know which bank holds your unclaimed money.

How to Claim Your Money

Once an account is found, claiming your funds is straightforward:

• Visit the bank branch where the account is held.
• Collect and fill out the claim form, which the bank provides.
• Submit required identity documents to verify your claim.
• After verification, the bank will release your unclaimed balance.

Why You Should Check the UDGAM Portal

Many people are unaware of the money lying unused in banks. Even small amounts from old accounts can add up over the years. Checking the UDGAM portal takes just a few minutes and could help you recover money that legally belongs to you or your family.

The UDGAM portal has made the process transparent, simple, and secure, so you don’t have to go through complicated procedures. Whether it’s money left in a savings account, fixed deposit, or after a family member’s passing, you now have a reliable way to reclaim it.

Don’t let your money stay unclaimed, visit the UDGAM portal today and see if you have funds waiting for you.