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

India has rolled out a centralised online portal under a new 'Your Money, Your Right' campaign to help citizens locate and recover unclaimed financial assets scattered across the financial system. Accessible through a dedicated unclaimed-assets website, 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. Users can track old savings accounts, fixed deposits, recurring deposits and other inactive holdings, including through the Reserve Bank of India's existing UDGAM portal for dormant deposits, enabling easier recovery of funds that had previously required navigating separate processes across banks, insurers and capital-market intermediaries. The initiative is designed to simplify access to otherwise fragmented financial information and reduce the paperwork and delays that have long deterred people from reclaiming money owed to them. Authorities said the effort aims to improve transparency, strengthen financial inclusion and ensure citizens can recover assets that may have lain dormant for years. The launch reflects a broader push by Indian regulators to modernise consumer-facing financial infrastructure and return unclaimed sums, which collectively run into large amounts, to their rightful owners.