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

India has rolled out a centralized online portal under a new 'Your Money, Your Right' campaign designed to help citizens locate and recover unclaimed financial assets scattered across the financial system. The platform serves as a single entry point connecting multiple regulator-managed claim systems, covering dormant bank deposits, unclaimed insurance policies, unpaid dividends and forgotten mutual fund investments. Through the portal, users can track old savings accounts, fixed deposits, recurring deposits and other inactive holdings, including via the Reserve Bank of India's existing UDGAM facility for dormant deposits, making it easier to reclaim funds that have often been lying idle for years. The initiative is intended to simplify what has historically been a fragmented and cumbersome process, in which savers had to approach individual banks, insurers or intermediaries separately to trace and recover their money. By consolidating access to scattered financial information in one place, authorities aim to improve transparency, strengthen financial inclusion and ensure that households can reclaim what is rightfully theirs without complicated procedures. The move reflects a broader push by Indian regulators to modernise financial infrastructure and put consumer protection and accessibility at the centre of the system.