India Launches 'Your Money, Your Right' Portal to Help Recover Unclaimed Assets

The Indian government has rolled out a centralized online portal under a new 'Your Money, Your Right' campaign to help citizens trace and recover unclaimed financial assets scattered across the financial system. Accessible through a dedicated website, the platform acts as a single entry point that connects multiple regulator-managed claim systems, covering dormant bank deposits, lapsed or matured insurance policies, unpaid dividends and inactive mutual fund investments. Users can search for old savings accounts, fixed deposits and recurring deposits, drawing on the Reserve Bank of India's existing UDGAM facility for dormant deposits, and follow standardized steps to reclaim money that has been lying idle for years. Previously, individuals often had to approach each bank, insurer, registrar or fund house separately, a fragmented process that discouraged many from pursuing relatively small or forgotten balances. By consolidating access and simplifying procedures, the initiative aims to improve transparency, strengthen financial inclusion and return dormant funds to their rightful owners. It reflects a broader regulatory push in India to make the financial system more consumer-friendly and to reduce the large pool of unclaimed money held across banks, insurers and capital-market intermediaries.