{"id":4600,"date":"2023-09-08T19:00:27","date_gmt":"2023-09-08T13:30:27","guid":{"rendered":"https:\/\/fatakpay.com\/blog\/?p=4600"},"modified":"2025-11-10T12:22:01","modified_gmt":"2025-11-10T06:52:01","slug":"rbi-udgam-recover-unclaimed-deposits","status":"publish","type":"post","link":"https:\/\/www.fatakpay.com\/blog\/financial-information\/rbi\/rbi-udgam-recover-unclaimed-deposits\/","title":{"rendered":"RBI UDGAM Recover Unclaimed Deposits."},"content":{"rendered":"\n<p>Imagine your bank account is inactive for the past ten years and you can&#8217;t access it, your deposits in that account are unclaimed. But now You can get assistance from RBI UDGAM in this situation that helps you to reclaim your deposits. <a href=\"https:\/\/www.rbi.org.in\/\" target=\"_blank\" rel=\"noopener\">The Reserve Bank of India (RBI)<\/a> established its centralized website, <a href=\"https:\/\/udgam.rbi.org.in\/\" target=\"_blank\" rel=\"noopener\">UDGAM (Unclaimed Deposits &#8211; Gateway to Access Information).&nbsp;<\/a><\/p>\n\n\n\n<p>The Reserve Bank of India (RBI) is the regulatory body that monitors the nation&#8217;s monetary system&#8217;s regulation. RBI is a department under the Indian Ministry of Finance, it is responsible for the allocation, maintenance, and supervision of the Rupee.<\/p>\n\n\n\n<p>Recently, the phrase &#8220;RBI UDGAM&#8221; has gained popularity in the financial community and denotes the emergence of a new initiative or program. We&#8217;ll go into great detail about RBI Udgam in this blog post.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.fatakpay.com\/blog\/financial-information\/rbi\/rbi-udgam-recover-unclaimed-deposits\/#RBI_UDGAM_Unclaimed_Deposits\" >RBI UDGAM &amp; Unclaimed Deposits:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.fatakpay.com\/blog\/financial-information\/rbi\/rbi-udgam-recover-unclaimed-deposits\/#How_UDGAM_works\" >How UDGAM works:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.fatakpay.com\/blog\/financial-information\/rbi\/rbi-udgam-recover-unclaimed-deposits\/#Steps_to_register\" >Steps to register:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.fatakpay.com\/blog\/financial-information\/rbi\/rbi-udgam-recover-unclaimed-deposits\/#Conclusion\" >Conclusion:&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_UDGAM_Unclaimed_Deposits\"><\/span>RBI UDGAM &amp; Unclaimed Deposits:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>You can search for unclaimed deposits across several banks using the UDGAM platform. You have the option of either claiming your deposit funds or active you inactive account. This move by the RBI is a response to the rising trend of unclaimed deposits, a problem that the central bank has been aggressively addressing through awareness efforts.&nbsp;<\/p>\n\n\n\n<p>If you&#8217;re unsure of what are the unclaimed deposits, this blog will explain it to you. Unclaimed deposits are the sum in a savings or current account that hasn&#8217;t used for ten years. They can also be term deposits that haven&#8217;t redeemed within ten years of maturity. <\/p>\n\n\n\n<p>You can retrieve your deposits with all accumulated interest on Depositor Education and Awareness (DAE) funds, a department of RBI.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_UDGAM_works\"><\/span>How UDGAM works:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The process of detecting and reclaiming deposits has become more effective and easy with the UDGAM platform. Only seven banks have access to unclaimed cash through the UDGAM site. <\/p>\n\n\n\n<p>RBI&#8217;s partnership with <a href=\"https:\/\/rebit.org.in\/\" target=\"_blank\" rel=\"noopener\">Reserve Bank Information Technology Pvt Ltd (ReBIT)<\/a>, I<a href=\"https:\/\/iftas.in\/\" target=\"_blank\" rel=\"noopener\">ndian Financial Technology &amp; Allied Services (IFTAS)<\/a>, and other selected banks developed UDGAM. <\/p>\n\n\n\n<p>This feature will gradually introduced in phases, with completion anticipated by October 15, 2023. These seven banks are the State Bank of India, Punjab National Bank, South Indian Bank, Central Bank of India, Dhanlaxmi Bank, DBS Bank, and Citibank.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Steps_to_register\"><\/span>Steps to register:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You must go to the UDGAM webpage to claim the unclaimed deposit and complete the registration.<\/li>\n\n\n\n<li>Registration requires your mobile number, name, password, and successful completion of the CAPTCHA.<\/li>\n\n\n\n<li><em>OTP (one-time password) Verification:<\/em> you must enter the OTP you will receive on your registered mobile number.<\/li>\n\n\n\n<li><em>Log in:<\/em> you will directed to the login page where you have to enter you&#8217;re registered phone number and password.<\/li>\n\n\n\n<li>You will receive A second OPT on your registered mobile number as additional security. You can access the website after you enter it.<\/li>\n\n\n\n<li>You must now fill out the necessary information, which includes the account holder&#8217;s name and the name of the bank. Then select at least one search criterion from the PAN, voter ID, license or passport number, or date of birth selections.<\/li>\n\n\n\n<li>The system will retrieve and show information about your unclaimed deposits after you click search.<\/li>\n<\/ul>\n\n\n\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/ieo0eLTRBFmy6RYek1uOQcwBG5UfSA7CMkvVUkbcf9HaLoTVl0d_3sTtZ61kGNkRasMOFMOFwrkdF3TMGsqbOrzxI9-hkOen5VhXrTwAnC2BvI-t3z1b66QI71AgvaeWW42Ih3Yv3bz4nC5Z4ou6rkM\" width=\"602\" height=\"224\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion:&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>UDGAM offers hope to anyone who may have lost track of their financial resources. Each citizen has access to legitimate money, which the RBI wants to make sure they may regain. UDGAM is a step that conveys that our monetary well-being should not be neglected in fast-paced financial environment. We can reactivate dormant accounts, locate lost wealth, and better manage our finances.<\/p>\n\n\n\n<p>There&#8217;s no need to wait any longer to claim your unclaimed deposits since you already know about UDGAM and the procedure for doing so.<\/p>\n\n\n\n<p><strong>Additional links:<\/strong><\/p>\n\n\n\n<p>Thank you for reading our blog! We hope you are able to apply these learnings \ud83d\ude42 Here are some other blogs\/LinkedIn articles for you to check out.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-fatakpay wp-block-embed-fatakpay\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"kpp0i7oZ85\"><a href=\"https:\/\/fatakpay.com\/blog\/how-to-manage-your-personal-finance\/\" target=\"_blank\" rel=\"noopener\">How to manage your Personal Finance?<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;How to manage your Personal Finance?&#8221; &#8212; FatakPay\" src=\"https:\/\/fatakpay.com\/blog\/how-to-manage-your-personal-finance\/embed\/#?secret=pnnnnYa6zq#?secret=kpp0i7oZ85\" data-secret=\"kpp0i7oZ85\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-fatakpay wp-block-embed-fatakpay\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"1MhcTM9ew9\"><a href=\"https:\/\/fatakpay.com\/blog\/discover-the-wonders-of-an-emi-benefits-and-disadvantages-explained\/\" target=\"_blank\" rel=\"noopener\">Discover the Wonders of an EMI: Benefits and Disadvantages explained!<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Discover the Wonders of an EMI: Benefits and Disadvantages explained!&#8221; &#8212; FatakPay\" src=\"https:\/\/fatakpay.com\/blog\/discover-the-wonders-of-an-emi-benefits-and-disadvantages-explained\/embed\/#?secret=qsJgsduiP3#?secret=1MhcTM9ew9\" data-secret=\"1MhcTM9ew9\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><strong>About FatakPay:<\/strong>&nbsp;<\/p>\n\n\n\n<p>FatakPay provides virtual credit facilities for all. It\u2019s available on your phone and caters to your everyday needs in both online and offline formats. The solution provides an almost zero cost, free, quick, transparent and secure way to transact in a multilingual format with a Scan Now, Pay Later facility and easy repayment options.<\/p>\n\n\n\n<p>Link to FatakPay App:&nbsp;<a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.fatakpay\" target=\"_blank\" rel=\"noopener\">https:\/\/play.google.com\/store\/apps\/details?id=com.fatakpay<\/a><\/p>\n\n\n\n<p>Link to the Website: https:\/\/fatakpay.com\/<\/p>\n\n\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"BlogPosting\",\n  \"headline\": \"RBI UDGAM: Recover Your Unclaimed Deposits\",\n  \"description\": \"Learn how to recover your unclaimed deposits through RBI\u2019s UDGAM portal. FatakPay explains the process and how to check old bank accounts easily.\",\n  \"image\": \"https:\/\/fatakpay.com\/blog\/wp-content\/uploads\/2023\/09\/RBI-Udgam.jpg\",\n  \"datePublished\": \"2023-09-08\",\n  \"dateModified\": \"2023-09-08\",\n  \"mainEntityOfPage\": {\n    \"@type\": \"WebPage\",\n    \"@id\": \"https:\/\/fatakpay.com\/blog\/rbi-udgam-recover-unclaimed-deposits\/\"\n  },\n  \"author\": {\n    \"@type\": \"Organization\",\n    \"name\": \"FatakPay Digital Pvt. Ltd.\",\n    \"url\": \"https:\/\/fatakpay.com\"\n  },\n  \"publisher\": {\n    \"@type\": \"Organization\",\n    \"name\": \"FatakPay Digital Pvt. Ltd.\",\n    \"logo\": {\n      \"@type\": \"ImageObject\",\n      \"url\": \"https:\/\/fatakpay.com\/assets\/images\/logo\/Logo.svg\"\n    }\n  }\n}\n<\/script>\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>Imagine your bank account is inactive for the past ten years and you can&#8217;t access it, your deposits in that account are unclaimed. But now You can get assistance from RBI UDGAM in this situation that helps you to reclaim your deposits. The Reserve Bank of India (RBI) established its centralized website, UDGAM (Unclaimed Deposits<\/p>\n","protected":false},"author":1,"featured_media":6732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[150],"tags":[153,96,152,151],"class_list":{"0":"post-4600","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-rbi","8":"tag-financialinclusion","9":"tag-fintech","10":"tag-indianfinance","11":"tag-rbi"},"_links":{"self":[{"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/posts\/4600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/comments?post=4600"}],"version-history":[{"count":7,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/posts\/4600\/revisions"}],"predecessor-version":[{"id":6733,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/posts\/4600\/revisions\/6733"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/media\/6732"}],"wp:attachment":[{"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/media?parent=4600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/categories?post=4600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/tags?post=4600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}