Overview
- Launched on October 4 as a three‑month campaign, the initiative helps citizens reclaim dormant bank deposits, insurance proceeds, mutual fund amounts and unpaid dividends.
- Nearly ₹2,000 crore has been returned to rightful owners so far, according to Prime Minister Narendra Modi’s latest update.
- Facilitation camps have been held in 477 districts with a focus on reaching remote areas to assist people with on‑ground support.
- Citizens can search using PAN or Aadhaar on regulator portals such as RBI’s UDGAM, IRDAI’s Bima Bharosa, SEBI’s MITRA and MCA’s IEPFA, with digital, fee‑free claims typically processed in 7–30 days.
- Regulators and financial institutions including RBI, SEBI, IRDAI, PFRDA and IEPFA are coordinating through common SOPs and multilingual outreach to reduce procedural friction and broaden access.