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India's Hidden Fortune: Rs 1.84 Lakh Crore Awaits Its Rightful Owners

  • Nishadil
  • October 05, 2025
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  • 2 minutes read
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India's Hidden Fortune: Rs 1.84 Lakh Crore Awaits Its Rightful Owners

Imagine a colossal sum of money, a hidden treasure waiting to be claimed, not in a pirate's chest, but securely nestled within India's robust financial system. We're talking about a staggering Rs 1.84 lakh crore – yes, you read that right – an immense wealth of unclaimed assets, diligently safeguarded by banks and various regulatory bodies across the nation.

This significant figure, encompassing everything from forgotten bank deposits to dormant investments and overlooked insurance policies, was recently brought to light by none other than Finance Minister Nirmala Sitharaman, who emphasized that this money rightfully belongs to the public.

As of March 31, 2023, the scale of this unclaimed fortune is truly eye-opening.

The Reserve Bank of India (RBI) alone holds approximately Rs 42,270 crore in unclaimed deposits. Adding to this, the Securities and Exchange Board of India (SEBI) is a custodian for Rs 24,000 crore within its investor protection fund, while the Insurance Regulatory and Development Authority of India (IRDAI) safeguards a substantial Rs 15,000 crore in unclaimed insurance proceeds.

Even the Pension Fund Regulatory and Development Authority (PFRDA) accounts for around Rs 2,000 crore. These figures paint a clear picture: a monumental amount of hard-earned money is simply waiting for its legitimate owners or their heirs to step forward.

But here's the reassuring news: this isn't a problem without a solution.

The government and its financial watchdogs are on a determined mission to reunite these funds with their rightful claimants. Finance Minister Sitharaman underscored the commitment to trace and return every rupee. To accelerate this process, innovative campaigns and technological advancements are being deployed.

One such commendable initiative is the RBI's "unclaimed deposits — 100 days 100 pays" campaign.

Launched between May and July 2023, this ambitious drive aimed to identify and settle 100 unclaimed deposits in 100 districts within a swift 100-day timeframe. This proactive approach demonstrates a clear resolve to make a tangible difference on the ground.

Looking ahead, the RBI is also spearheading the development of a cutting-edge centralized portal, akin to the UDGAM portal.

This digital gateway is designed to be a game-changer, enabling individuals to effortlessly track and ascertain their unclaimed deposits across multiple banks through a single, user-friendly platform. Imagine the convenience of searching for your lost money with just a few clicks! Similar efforts are underway by SEBI for investor protection and IRDAI for insurance, all converging towards the common goal of transparency and restitution.

The message is clear: your money is safe, and the machinery is in motion to ensure it finds its way back to you.

This monumental effort by India's financial institutions serves as a powerful reminder for everyone to regularly check their accounts, policies, and investments, and to stay informed about these proactive initiatives. Don't let your share of India's hidden fortune remain unclaimed!

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Disclaimer: This article was generated in part using artificial intelligence and may contain errors or omissions. The content is provided for informational purposes only and does not constitute professional advice. We makes no representations or warranties regarding its accuracy, completeness, or reliability. Readers are advised to verify the information independently before relying on