Onboarding of more banks on UDGAM portal

RBI vide circular dated October 05, 2023 has informed public that, the search facility for 30 banks has been made available on the UDGAM portal on September 28, 2023, which covers around 90% of such unclaimed deposits (in value terms) in Depositor Education and Awareness (DEA) Fund.

Reserve Bank of India launched a Centralized Web Portal UDGAM (Unclaimed Deposits – Gateway to Access inforMation) on August 17, 2023 for the public to facilitate and make it easier for them to search their unclaimed deposits across multiple banks at one place. The search facility was initially made available on the portal for seven banks and it was intimated to public that the search facility for remaining banks on the portal would be made available in a phased manner by October 15, 2023.