The Reserve Bank of India (RBI) has taken a significant leap towards reuniting individuals with their unclaimed deposits by launching the Unclaimed Deposits – Gateway to Access Information (UDGAM) portal. This central web portal serves as a one-stop solution for locating and recovering unclaimed deposits from multiple banks across India. With its streamlined interface and user-friendly features, UDGAM makes the process of reclaiming your dormant accounts more accessible than ever before.
The RBI Udgam Portal is a valuable initiative aimed at reuniting individuals with their unclaimed deposits and dormant accounts. By registering on the portal and conducting a search, you can take proactive steps to reclaim your financial assets. Remember that unclaimed deposits may not only be in SBI or PNB but can be spread across various banks, so it’s essential to use this tool to check all possible sources.
If you have lost track of your financial assets and suspect you may have unclaimed deposits, don’t hesitate to explore the RBI Udgam Portal. It’s a user-friendly platform designed to make the process of locating and claiming unclaimed deposits as seamless as possible. Reclaiming your financial assets is not only financially beneficial but also provides peace of mind.
Purpose of the UDGAM Portal
The primary purpose of the UDGAM portal is to assist individuals in finding and claiming their unclaimed deposits. These deposits may include funds lying dormant for several years in various banks. The initiative reflects the RBI’s commitment to ensuring that unclaimed financial assets are returned to their rightful owners.
The UDGAM portal covers a wide array of banks, including some prominent ones like:
- State Bank of India
- Central Bank of India
- Citi Bank
- DBS Bank
- Dhanlaxmi Bank
- Punjab National Bank
- South Indian Bank
The RBI has announced plans to gradually expand the search facility to include additional banks in a phased manner by October 15, 2023. This expansion will make it even more comprehensive and beneficial for account holders across India.
Required Documents for Registration
To utilize the UDGAM portal effectively, users need to have specific documents and information on hand. These include:
- PAN (Permanent Account Number): A unique identification number issued by the Income Tax Department of India.
- Voter ID: A valid Voter Identity Card.
- Driving License: A government-issued driving license.
- Passport: An internationally recognized travel document.
Additionally, users will be required to provide one of the following five identification inputs: PAN number, Voter ID number, Passport number, driver’s license number, or date of birth.
How to Register on the UDGAM Portal
Registering on the UDGAM portal is a straightforward process:
- Visit the UDGAM Portal: Go to the official UDGAM portal website at [udgam.rbi.org.in](https://udgam.rbi.org.in).
- Select “Register”: On the homepage, click on the “Register” option.
- Provide Details: Fill in the required details, such as your mobile number, name, and password.
- Accept Terms and Conditions: After completing the captcha, accept the terms and conditions by clicking the appropriate option.
- Finish Registration: Click “Next” to complete your registration by providing valid information.
How to Log In to the UDGAM Portal
Logging in to your UDGAM portal account is a breeze:
- Access the Portal: Visit the official UDGAM portal website at udgam.rbi.org.in.
- Select “Login”: On the homepage, click on the “Login” option.
- Enter Credentials: Enter your registered mobile number and password.
- Captcha and Access: Fill in the captcha and click the “Next” button to access your UDGAM account.
Finding Unclaimed Deposits
Locating unclaimed deposits using the UDGAM portal is a simple process
- Login: Sign in to the RBI UDGAM Portal using your login credentials.
- Provide Details: Enter the name of the account holder and select the bank name from the options provided.
- ID Details: Input the details of your PAN Card and any other identification required.
- Search: Click the search button.
- View Results: If there are any unclaimed deposits associated with the provided information, they will be displayed on your screen.
The UDGAM portal empowers you to take control of your financial assets by reuniting you with your unclaimed deposits. Don’t let your dormant accounts gather dust – use this user-friendly platform to reclaim what’s rightfully yours. With the RBI’s commitment to expanding the portal’s reach, more individuals will have the opportunity to benefit from this valuable initiative.