Archive · 30 Dec 2025
Unclaimed Bank Deposits Reach ₹62,314 Crore in India
The Reserve Bank of India (RBI) said that a lot of money, ₹62,314 crore, is sitting in bank accounts that haven't been used for a very long time, at least 10 years.
Most of this money is in public sector banks, with the State Bank of India (SBI) having the most, ₹16,968.41 crore.
This amount has grown a lot in the last few years.
In 2021, it was only ₹31,077.88 crore.
The RBI also said that if money stays unclaimed for more than 10 years, it gets moved to a special fund called the Depositor Education and Awareness (DEA) Fund.
The government has started a campaign called 'Your Money, Your Right’ to help people find and claim this money.
Unclaimed deposits in Indian banks reached ₹62,314 crore by the end of 2024.
Public sector banks hold the majority, with ₹50,907.91 crore in unclaimed deposits.
The State Bank of India (SBI) has the highest unclaimed deposits at ₹16,968.41 crore.
Unclaimed deposits have more than doubled since 2021, when they were ₹31,077.88 crore.
The government launched the 'Your Money, Your Right’ campaign to help people reclaim their unclaimed deposits.
- Who
- Reserve Bank of India (RBI) and Indian banks
- What
- Unclaimed deposits in Indian banks
- When
- By the end of 2024
- Where
- India
- Why
- Accounts inactive for 10 years or more
- Total Unclaimed Deposits (2024)
- ₹62,314 crore
- Public Sector Banks Share
- ₹50,907.91 crore
- SBI's Unclaimed Deposits
- ₹16,968.41 crore
- Growth Since 2021
- More than doubled
- Unclaimed Deposits (2021)
- ₹31,077.88 crore
- Unclaimed Deposits (2022)
- ₹39,900 crore
- Unclaimed Deposits (2023)
- ₹46,221.92 crore
- Transfer to DEA Fund
- Last working day of the subsequent month