₹2,000 crore paid back till date under ‘Your Money, Your Right’ drive
Prime Minister Narendra Modi on Wednesday said that close to ₹2,000 crore has already been returned to rightful claimants under the government’s ‘Your Money, Your Right’ initiative, which was launched in October 2025 to help citizens recover long-forgotten financial assets.
In a post on social media, the Prime Minister said the initiative aims to ensure that every individual is able to reclaim money that legally belongs to them.
“Forgotten financial assets can be transformed into new opportunities. I urge everyone to participate in the ‘Your Money, Your Right’ movement,” PM Modi said.
The Prime Minister pointed out that a substantial amount of public money continues to remain unclaimed across various financial institutions in India. According to official data, banks are currently holding nearly ₹78,000 crore in unclaimed deposits. Insurance companies account for another ₹14,000 crore in unclaimed policy proceeds.
In addition, around ₹3,000 crore remains unclaimed with mutual fund houses, while unpaid dividends worth approximately ₹9,000 crore are also lying idle.
“These figures have come as a surprise to many, especially since they represent the hard-earned savings and investments of countless families,” the Prime Minister noted.
To simplify and bring transparency to the claim process, the government, along with financial regulators, has launched dedicated online portals to help citizens trace and recover their funds. These include the RBI’s UDGAM Portal for unclaimed bank deposits, IRDAI’s Bima Bharosa Portal for insurance-related claims, SEBI’s MITRA Portal for unclaimed mutual fund amounts, and the Ministry of Corporate Affairs’ IEPFA Portal for unpaid dividends and unclaimed shares.
PM Modi also highlighted that facilitation camps have been organised in 477 districts across both rural and urban India, with special emphasis on remote areas to ensure wider outreach and accessibility.
Through coordinated efforts involving the government, regulators, banks and financial institutions, nearly ₹2,000 crore has already been returned to citizens, he said.
The Prime Minister urged people to help expand the initiative by checking whether they or their family members have any unclaimed deposits, insurance payouts, dividends or investments. He encouraged citizens to make use of the dedicated portals and facilitation camps to recover their money.
“Take action today to claim what is rightfully yours and turn a forgotten financial asset into a new opportunity. Your money belongs to you, and together we must ensure it reaches its rightful owner. Let us work towards a transparent, financially empowered and inclusive India,” PM Modi said.