RBI’s UDGAM Portal Goes Live: Check Whether You Have Unclaimed Deposits

Customers who don’t know whether they have unclaimed deposits can now do so easily with RBI’s UDGAM Portal. The portal, now operational, allows individuals to check for unclaimed deposits across specified banks. Find more information below.

Check Unclaimed Deposits in a Few Clicks

Do you or your parents have long-forgotten bank deposits that are not yet claimed? If you do, or if there’s a possibility of the same, you can check the details online with RBI’s UDGAM portal. Short for Unclaimed Deposits – Gateway to Access Information, UDGAM became operational on 17th August 2023. Currently tied up with seven banks, UDGAM will allow individuals to check for unclaimed deposits across old savings accounts, current accounts, fixed deposits, or recurring deposit schemes. All you have to do is register yourself on the portal, and then you can search for unclaimed deposits by providing relevant information.

Also Read – Fixed Deposits or Money Market Funds – which is better?


  • RBI’s UDGAM was launched on 17th August 2023 and allows you to check for unclaimed deposits online.

  • You can check the deposits across seven specified banks in one place through the portal.

  • More banks would come under the ambit of UDGAM. However, the inclusion would be done in phases.

  • To check, register on UDGAM with your mobile number, and you can check any family member’s unclaimed deposit details.

What are unclaimed deposits?

If you have a savings account or a current account in which no operation has been done since the last two years, the account will become inoperative. In the case of fixed or recurring deposit accounts, if you do not claim the maturity proceeds within two years, the account will become inoperative.

After the accounts remain inoperative for 10 years, the account balance gets transferred to the Depositors’ Education and Awareness Fund (DEAF) maintained by the RBI. The fund earns interest on the unclaimed deposits.


What should you know about UDGAM?

You can check the details of your unclaimed deposits on UDGAM at https://udgam.rbi.org.in/unclaimed-deposits/#/login. However, here are a few things to keep in mind –

  • The portal currently shows unclaimed deposits across seven specific banks. These banks are the Central Bank of India, Punjab National Bank, State Bank of India, Dhanlaxmi Bank, DBS Bank India, South Indian Bank, and Citibank.
  • Other banks would be added to the purview of UDGAM in gradual phases. This is expected to be completed by 15th October 2023.
  • To register, you must provide your mobile number and set a password. Authenticate your number with an OTP, and then you can check.
  • UDGAM will list out the accounts in which there might be unclaimed deposits. The deposit amount will not be mentioned.
  • You will be redirected to the bank, wherein the unclaimed deposit is maintained. You must claim the amount from the bank’s website following the bank’s specified process.

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The Bottom Line

If you or any family member has possible unclaimed deposits, check them out through UDGAM and claim your money.

Also Read – Check out some of the best banks for fixed deposits




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