Nearly ₹2,000 Crore Returned Under ‘Your Money, Your Right’ Initiative

The government’s ‘Your Money, Your Right’ movement, launched in October 2025, is helping citizens recover their forgotten and unclaimed financial assets. According to official data shared this week, nearly ₹2,000 crore has already been returned to people across the country through this nationwide programme.

Large Amounts of Public Money Still Unclaimed

Across India’s financial system, a significant amount of public money remains unclaimed. Banks currently hold around ₹78,000 crore in unclaimed deposits. Insurance companies have nearly ₹14,000 crore lying unclaimed, while mutual funds have close to ₹3,000 crore yet to be claimed. In addition, unpaid dividends worth roughly ₹9,000 crore remain with companies.

These amounts represent the savings and investments of people who may have forgotten about them, lost access due to documentation issues, or were unaware of their family’s financial assets.

How is the Government Helping Citizens Reclaim Their Money?

To simplify the reclaiming process, the government and financial regulators have created dedicated online platforms. These portals allow individuals to search for their unclaimed assets in a transparent and convenient manner.

The major portals include:

• RBI’s UDGAM Portal – for unclaimed bank deposits and balances
• IRDAI’s Bima Bharosa Portal – for unclaimed insurance policy proceeds
• SEBI’s MITRA Portal – for unclaimed mutual fund amounts
• IEPFA Portal by the Ministry of Corporate Affairs – for unpaid dividends and unclaimed shares

These platforms bring information from financial institutions together in one place, making it easier for citizens to track what belongs to them.

Reaching People Across the Country

To ensure no one is left behind, facilitation camps have been organised in 477 districts across rural and urban areas. Special attention has been given to remote regions where awareness and access to digital services may be lower. These camps guide citizens on how to check for unclaimed assets and help them complete the necessary steps to file claims.

Encouraging Citizens to Take Action

The government is urging people to check if they or their family members have unclaimed deposits, insurance amounts, dividends or investments. With dedicated portals and on-ground support now in place, reclaiming forgotten money has become simpler than ever.

Conclusion

The ‘Your Money, Your Right’ initiative marks an important move towards financial awareness and empowerment. As more people check and claim their forgotten assets, the programme continues to bring idle money back into the hands of citizens, strengthening both households and the broader economy.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.