Developed in collaboration with PSB Alliance, the portal aims to bring unclaimed bank deposits, insurance proceeds, shares, dividends and mutual fund balances onto a single digital interface.
The unified platform, launched by the Department of Financial Services, is part of the broader “Your Money, Your Right” initiative, which focuses on reconnecting individuals with financial assets that have remained unclaimed or inactive.
The portal can be accessed at Unclaimed Assets Portal.How the portal works
Users can visit the platform and search for unclaimed financial assets using basic personal identifiers such as name, PAN, or other required details (as enabled by respective financial institutions). The system aggregates search links across multiple financial sectors, allowing users to check:
- Bank deposits lying dormant or unclaimed
- Insurance policy claims not settled or claimed
- Unclaimed shares and dividends
- Mutual fund folios with inactive balances
Instead of visiting multiple regulators or institutions separately, users are redirected through a single interface that connects to relevant databases across the financial ecosystem.
Why it matters
According to DFS, the platform is intended to improve transparency and ease of access for citizens while strengthening efforts to return idle financial assets to rightful owners. Officials said the initiative is expected to enhance public awareness and reduce friction in the claims process, especially for heirs and beneficiaries of dormant accounts.
The government has positioned the portal as part of its broader push toward a more citizen-centric financial system aligned with financial inclusion goals.
