Archive · 29 Jul 2025
Unclaimed Deposits in Indian Banks Reach Rs 67,003 Crore
Banks in India are holding a large amount of money that people haven't claimed, totaling about Rs 67,000 crore.
Most of this unclaimed money is in government-owned banks.
The RBI created a website called UDGAM to help people find their unclaimed money.
This website allows users to search multiple banks at once to locate their funds.
This unclaimed money is managed as per the Depositor Education and Awareness Fund Scheme.
Unclaimed deposits in Indian banks totaled Rs 67,003 crore as of June 2025.
Public sector banks held Rs 58,330.26 crore of unclaimed deposits.
SBI has the largest amount of unclaimed deposits among public sector banks.
ICICI Bank has the largest amount of unclaimed deposits among private sector banks.
The RBI launched the UDGAM portal to help people find unclaimed deposits.
- Who
- Reserve Bank of India (RBI), Indian Banks and Minister of State for Finance.
- What
- Unclaimed deposits in Indian banks.
- When
- As of June 30, 2025.
- Where
- India
- Why
- Funds become unclaimed due to inactivity or failure to claim funds.
Bank Perspective
Depositors/Government Perspective
Operational Burdens
Bank Perspective
Banks must manage unclaimed deposits.
Depositors/Government Perspective
Not applicable
- Total Unclaimed Deposits
- Rs 67,003 crore
- Public Sector Banks' Unclaimed Deposits
- Rs 58,330.26 crore
- SBI's Unclaimed Deposits
- Rs 19,329.92 crore
- ICICI Bank's Unclaimed Deposits
- Rs 2,063.45 crore
- UDGAM Portal Registered Users
- 8,59,683 as of July 1, 2025
