‘YOUR MONEY, YOUR RIGHT’ CAMPAIGN

NEWS

• Prime Minister Narendra Modi has urged citizens to reclaim over ₹1 lakh crore of unclaimed financial assets lying idle in banks, insurance firms, mutual funds and companies.
• The appeal was made through a LinkedIn post (10 December 2025) under the government’s campaign “Your Money, Your Right”, launched on 4 October 2025.

SCALE OF THE ISSUE

• As per official estimates, unclaimed assets in India include:
  • Bank deposits: ₹78,000 crore
  • Insurance proceeds: ₹14,000 crore
  • Mutual fund units: ₹3,000 crore
  • Unpaid dividends & shares: ₹9,000 crore
• These funds belong to citizens but remain unused due to forgotten accounts, dormant FDs, lapsed policies, or unclaimed dividends.

ABOUT THE ‘YOUR MONEY, YOUR RIGHT’ CAMPAIGN

• Objective:
  • Empower citizens to reclaim their rightful money
  • Strengthen financial inclusion, transparency and trust
• Key features:
  • 100% digital, free and fraud-proof process
  • Coordinated effort of RBI, IRDAI, SEBI and MCA
• Impact so far:
  • Nearly ₹2,000 crore returned in two months
  • Ten-fold jump compared to ₹200 crore reclaimed in FY25

Dedicated Portals for Claims

• UDGAM (RBI): Unclaimed bank deposits
• Bima Bharosa (IRDAI): Insurance claims
• MITRA (SEBI): Mutual fund units
• IEPFA (MCA): Unpaid dividends & shares
• Process:
  • Login using PAN/Aadhaar
  • Search records, submit KYC
  • Claims settled within 7–30 days

Outreach and Inclusion Measures

• Facilitation camps organised in 477 districts, with rural focus
• Over 5 lakh queries addressed since October 2025
• Part of the Viksit Bharat @2047 vision, aiming for 90% reclamation by 2027