Skip to main content

RBI UDGAM Portal 2023: Quick Registration & Login! Find Your Unclaimed Deposits Directly @ Udgam.Rbi.Org.In

By

 The Reserve Bank of India has recently unveiled the UDGAM Portal 2023 Link, which serves an important purpose. It's worth noting that, in certain circumstances, individuals may pass away or cease using their bank accounts. In such instances, the bank typically holds the funds for a period of 10 years, after which any unclaimed money is transferred to the Reserve Bank of India.

If you have a family member who holds a bank account or a Fixed Deposit but has not made any transactions or utilized it for the past decade, you now have the opportunity to utilize the RBI UDGAM Portal for Unclaimed Deposits. The Reserve Bank of India has introduced this UDGAM Application Form 2023, accessible at udgam.rbi.org.in, with the primary aim of assisting citizens in reclaiming approximately Rs 35,000 Crore that rightfully belongs to them.

As of now, seven banks are already linked to this portal, and more are expected to join soon. To determine whether you have an account that falls within this category, you can easily check via the portal. To initiate the claim process, it's essential to complete the UDGAM Portal Registration, available at udgam.rbi.org.in. It's important to emphasize that only after successful registration will you be able to access and retrieve your previously inaccessible funds. Prior to registering, make sure you have all the necessary information, including UDGAM Portal RBI Registration 2023 details and the list of UDGAM RBI Linked Banks.

RBI UDGAM Portal 2023

The Reserve Bank of India has introduced a new website to help people find forgotten deposits. This comes from a recent announcement about policies for development and regulations on April 6, 2023. The RBI has been worried about the number of deposits people haven’t claimed. So, they’ve been running programs to inform the public about it. They want to ensure everyone knows and can get their money from the bank, and we are giving you a detailed article on this. We have also made a video to cover the UDGAM Portal and its registration process.

How UDGAM PORTAL WORKS

In 2023, the Reserve Bank of India (RBI) unveiled the UDGAM Portal, which stands for "Unclaimed Deposits: Gateway to Access Information." The UDGAM Portal serves as a centralized repository of information concerning deposits that have not been claimed and are currently held by banks in India. An unclaimed deposit refers to funds that have remained dormant for approximately 10 years, during which there have been no transactions such as deposits, withdrawals, or interest payments.

Once an account qualifies as unclaimed, the funds within it are transferred to the RBI. The RBI, in turn, safeguards these funds in a designated account known as the Depositor Education and Awareness (DEA) Fund.

The UDGAM Portal enables individuals to search for any overlooked funds that may be associated with their name. To locate such funds, certain specific details are required for verification.
If the RBI discovers an unclaimed deposit registered under your name, they will contact you and give you additional details on how to get back the money. The UDGAM Portal is useful for people who might have unclaimed deposits. If you haven’t used your bank account for a while, it’s good to check the UDGAM portal to find any unclaimed money in your Account.
Official Websiteudgam.rbi.org.in
UDGAM PORTAL Login LinkUDGAM PORTAL Login Link
✍️ UDGAM New Registration LinkUDGAM PORTAL Registration Link
🏦 Linked Bank With UDGAM PortalSBI, Punjab National Bank, Central Bank of India, Dhanlaxmi Bank, – South Indian Bank, DBS Bank India, and Citibank

How To Use The UDGAM Portal To Find Unclaimed Money

A recently launched website is poised to revolutionize the way people handle unclaimed funds in banks, simplifying the process significantly. This user-friendly platform empowers individuals to retrieve lost funds or reactivate dormant bank accounts by engaging with their respective banks. The creation of this innovative website was the result of collaborative efforts between various stakeholders, including organizations like Reserve Bank Information Technology Pvt Ltd (ReBIT), Indian Financial Technology & Allied Services (IFTAS), and several banks, all united by a common goal: to streamline financial transactions and assist individuals in managing their finances more effectively.

Presently, this website provides access to information about unclaimed funds from seven prominent banks. These participating banks include the State Bank of India, Punjab National Bank, South Indian Bank, Central Bank of India, Dhanlaxmi Bank, DBS Bank India, and CitiBank N.A. According to the Reserve Bank of India (RBI), more banks are set to join this initiative, and individuals will be able to search for their forgotten funds starting from October 15, 2023. This development carries significant importance as it enhances financial transparency and empowers people across India with greater control over their finances.

UDGAM Introduction

To find your lost savings, join the UDGAM platform. It is very Easy – provide your phone number name, and create a password. Once you have signed up, you will receive an OTP on your phone for verification. After confirming, login, select your bank, and search using your PAN, Voter ID, or birth date.

Important Documents For UDGAM Portal

  1. Mobile Number:
    • For initial registration, verification, and receiving OTPs (One-Time Passwords).
  2. Name of the Account Holder:
    • Matching the exact name with the bank records is essential for accurate search results.
  3. Bank Details:
    • Information about the bank or banks where the user might have unclaimed deposits.
  4. PAN (Permanent Account Number):
    • One of the identification criteria is to search for unclaimed deposits.
  5. Voter ID:
    • An alternative identification criterion users can provide to search for their deposits.
  6. Driving License Number:
    • Another identification option for users to help locate their dormant funds.
  7. Passport Number:
    • It is useful for those who might have used their passport as identity proof during the initial deposit or account creation.
  8. Date of Birth:
    • It is essential to cross-verify the account holder’s identity and match it with bank records.

Users must have these documents handy when accessing the UDGAM portal to ensure a smooth and efficient search.

Benefits Of The UDGAM Portal

Streamlined Access:
The portal provides a centralized solution, enabling users to effortlessly locate and access unclaimed deposits from various banks in one unified platform, eliminating the need to visit multiple bank websites.

User-Friendly Experience:
UDGAM offers a straightforward interface that simplifies the process of searching for dormant deposits. Its registration and verification procedures are user-friendly, ensuring accessibility for individuals who may not be tech-savvy.

Enhanced Transparency:
UDGAM contributes to greater transparency in the banking industry by presenting precise and up-to-date information on unclaimed deposits. Users can have confidence in the accuracy of the provided data, facilitating a smooth claiming process.

Financial Inclusion:
By aiding individuals in discovering their forgotten or unknown deposits, the portal ensures that people regain possession of what rightfully belongs to them, promoting financial awareness and inclusion.

Time and Effort Savings:
Instead of physically visiting bank branches or navigating through numerous bank websites, users can effortlessly search for and claim their unclaimed deposits from the comfort of their homes. This streamlined approach enhances efficiency and saves valuable time and effort.

How To Claim Your Unclaimed Deposits Through The UDGAM Portal

  • Register by providing your phone number and name.
  • Create a password and input the Captcha code.
  • Check the provided checkbox and proceed by clicking “Next.”
  • Verify your registration by entering the OTP (One-Time Password) sent to your phone.

How To Check Unclaimed Deposits In Banks Via RBI’s UDGAM Portal

  • Step 1: Visit the Website
  • Step 2: Provide Your Details
    • Enter your phone number, password, and captcha code.
    • Input the received OTP (One-Time Password).
  • Step 3: Complete Account Holder Information
    • On the next page, fill in the mandatory field: Name of Account Holder.
    • Choose your bank from the provided list.
  • Step 4: Enter the Search Criteria
    • Provide at least one piece of information from the following search criteria:
      • PAN (Permanent Account Number)
      • Voter ID
      • Driving License Number
      • Passport Number
      • Date of Birth
    • Step 5: Initiate the Search
      • Click on the search option.
      • The system will display any unclaimed deposit accounts associated with the provided information.

  • Step 6: Select Unclaimed Deposit Account Details

    • You can tap the arrow icon to learn more about money that belongs to you but hasn’t been collected yet.
      • When you choose the account, a new option appears. Here, you can see all the details about the account. You can view the account-related information below.

  • Step 7: EXPORT PDF

    • You need to save the PDF file that you see here by exporting it.
      • After Exporting PDF files, you’ll need to choose a bank. Once you pick the bank, you’ll be directed to their official website.

    Step 8: Report Your Unclaim Deposit To The Bank

    • Since you’ve been redirected to the bank’s official website, now you need to inform the bank that your Unclaim Deposit in the bank is which you want to claim.
      • You can find out about this process by visiting the bank’s official website, calling the helpline number, or even going to the bank offline.

    • Contact Details

      If you want more information or have any questions about the RBI Udgam Portal, you can get in touch using the contact info provided below:

      UDGAM Support Team: udat@rbi.org.in

Comments

Post a Comment

Popular posts from this blog

PDS Odisha New Ration Card List 2023 (GP / Block Wise) | Check Food Status Online

By Digital Mitra
The Food Supplies & Consumer Welfare Department of Odisha has recently unveiled the updated 2023 PDS Odisha ration card list online, organized by villages. This release enables all individuals who have recently registered for a Ration Card to easily locate their names within the Food Odisha Ration Card list and obtain a printable version.= For those whose names do not appear on the Odisha Ration Card Holder List for 2023, there is now an option to download the Odisha ration card application form in PDF format. Furthermore, citizens have the convenience of checking their food status online, categorized by Gram Panchayat or Block Wise Ration Card List. For additional details and to access resources such as the final priority list based on ration cards, NFSA Cards, and Beneficiaries' information, you can visit pdsodisha.gov.in or foododisha.in.   Odisha Ration Card is an essential document for the poor people to take benefits of subsidized food by Public Distribution System (PDS).
Post a Comment
Read more

UIDAI Aadhaar Services – How To Generate Virtual ID Number at uidai.gov.in

By
 The Unique Identification Authority of India (UIDAI) has introduced a valuable offering known as the 16-digit Virtual Identity (VID) Number for all residents. With this development, individuals will no longer be required to divulge their 12-digit Biometric Identification Number or Aadhaar Number in various situations. Instead, they can easily generate or retrieve their VID through the UIDAI Portal and utilize it for any necessary purposes. The Virtual ID will serve as a replacement for the Aadhaar Number in processes involving authentication and Know Your Customer (KYC) requirements. This innovative UIDAI Aadhaar Service is designed to enhance the privacy and security of the Aadhaar Database, providing individuals with added confidence in their personal information. The 16-digit Virtual ID serves as a protective barrier within the Aadhaar Database, addressing the privacy apprehensions of the populace. Individuals can employ this Aadhaar Service for activities such as acquiring a new S
Post a Comment
Read more

ई-बुक क्या है? eBook कैसे लिखे और बनाये? Information About eBook In Hindi

By Digital Mitra
  eBook क्या होता है? What is an eBook? दोस्तों जैसे की नाम से ही पता चलता है। कि ये एक बुक होती है। लेकिन ये कैसी बुक होती है। eBook का पूरा नाम  electric book होता है। आप इसे pdf भी कह सकते है। इस तरह की book एक इलेक्ट्रोनिक book होती है , जिसे केवल आप मोबाइल या कंप्यूटर पर ही पढ़ सकते है। ई-बुक की कोई print कॉपी नहीं होती है। लेकिन यदि आप चाहे तो ऐसे प्रिंट भी कर सकते है।  जिस तरह बुक का कोई न कोई लेखक और owner होता है। उसी तरह ई-बुक का भी कोई लेखक और कोई न कोई owner होता है। ईबुक बिलकुल बुक की तरह ही होती है। यहां पर मैं आपको बता दूं कुछ लोग पीडीऍफ़ और ई-बुक में भ्रमित रहते है। वो समझते है कि ई-बुक और पीडीऍफ़ अलग अलग होती है। लेकिन ये सच नहीं है। पीडीऍफ़ और ई-बुक दोनों एक ही चीज़ होती है  computer और मोबाइल का use दिन पर दिन बढ़ रहा है। जिससे eBook की भी डिमांड बढ़ती जा रही है। इस्ससे आपको ये फायदा है कि आपको भरी भरकम किताब धोना नहीं पड़ता है। और न ही उनकी सुरक्षा ही करनी होती है। और आप जब चाहे जहा चाहे वहां पर eBook रीड कर सकते है। ई-बुक क्या है? eBook कैसे लिखे और बनाये? Information Abou
Post a Comment
Read more