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Updated on: Jul 7th, 2025
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4 min read
When a savings or current account has remained inactive for over 10 years or a term deposit has not been claimed within 10 years of its maturity date, the funds are considered as “Unclaimed Deposits”. Such amounts are transferred by banks to the “Depositor Education and Awareness” (DEA) Fund, which is maintained by the Reserve Bank of India (RBI).
In the year of 2023, the RBI launched the ‘100 Days 100 Pays’ initiative to address the top 100 unclaimed deposits in every district. Now, let’s explore the intricacies of this financial endeavor and understand how to reclaim these deposits.

If you haven’t used your savings or checking account for more than 10 years or forget to collect your money from a term deposit after it matures for 10 years, the bank calls that money “Unclaimed Deposits.”
If there is any unclaimed deposit available, the banks tend to move such deposits to the Depositor Education and Awareness (DEA) Fund run by the Reserve Bank of India.
The Reserve Bank of India launched the ‘100 Days 100 Pays’ campaign in 2023 to settle the top 100 unclaimed deposits of every bank in every district of India. It started on 1 June and was supposed to last for 100 days, Later the deadline was extended to 1 April 2024.
RBI has launched the UDGAM (Unclaimed Deposits Gateway to Access Information) portal for banks to upload the details of unclaimed deposits. You can find the list of such deposits from the UDGAM portal.
RBI has issued guidelines to banks regarding unclaimed deposits. It has asked them to conduct yearly reviews of accounts which have not seen any transactions for over a year. Regarding term deposits, the RBI said that if there is no mandate for its renewal, the bank should check if the customer has withdrawn the proceeds post-maturity or moved them to a savings or current account.
Banks must alert account or deposit holders if their account or deposit has not been used for a year. The alert can be sent via email, letter, or SMS. The message should inform the customer that the account or deposit would be deemed ‘inoperative’ if it is not used over the next 1 year. After that, reactivation would require fresh submission of KYC documents.
The following banks are currently part of the UDGAM portal:
Here is how you can check for unclaimed deposits on the Unclaimed Deposits Gateway to Access Information (UDGAM) portal.

The portal will show details regarding unclaimed deposits, if any, for the search information entered by you.
Here are the steps you need to follow to claim an unclaimed deposit.
The bank will release the funds after verifying your application.
This article explains what unclaimed deposits are and how the Reserve Bank of India is taking steps to reduce them. ASBI Unclaimed Deposits: List, How to Check & Claim SBI Unclaimed Deposits according to RBI guidelines, Banks are required to notify customers if their accounts have not been used for a year. You can find details about unclaimed deposits on the UDGAM portal. To claim an unclaimed deposit, you need to visit the bank branch and submit the necessary documents. 
Other Banks Unclaimed Deposits:
1. SBI Unclaimed Deposits: List, How to Check & Claim SBI Unclaimed Deposits?
2. Axis Bank Unclaimed Deposits: List, How to Check & Claim Axis Unclaimed Deposits?
3. Indian Bank Unclaimed Deposits: List, How to Check & Claim Indian Bank Unclaimed Deposits?
4. Central Bank of India Unclaimed Deposits: List, How to Check & Claim CBI Unclaimed Deposits?
5. Indian Bank Unclaimed Deposits: List, How to Check & Claim Indian Bank Unclaimed Deposits?
6. Bank of Maharashtra Unclaimed Deposits: List, How to Check & Claim BOM Unclaimed Deposits?
7. Union Bank of India Unclaimed Deposits: List, How to Check & Claim UBI Unclaimed Deposits?
8. LIC Unclaimed Deposits: How to Check & Claim LIC Unclaimed Amount?

Unclaimed deposits are savings and current accounts which have not been used for 10 years. It also refers to term deposits which have not been claimed for 10 years since maturity.

RBI looks at the duration for which an account has not been used to mark it as an unclaimed deposit. RBI classifies an account or term deposit as an unclaimed deposit if it has not been used for 10 years or not claimed for 10 years after the date of maturity.
You can visit the concerned bank to claim an unclaimed deposit. To find out the details of an unclaimed deposit, you can visit the UDGAM portal.

Yes, you can check the details of unclaimed deposits on the UDGAM portal. Currently, the details of unclaimed deposits of 30 banks have been uploaded on the UDGAM portal.

RBI launched this initiative for banks to settle the top 100 unclaimed deposits in every district of India. The deadline for the scheme has been extended to 1 April 2024.

Banks shift their unclaimed deposits to RBI’s Depositor Education and Awareness (DEA) Fund. If someone claims an unclaimed deposit, the RBI transfers the amount to the concerned bank.
I am a curious person, and Finance is at the top of my list of interests. With more than 5 years of experience in fintech, I am an expert in lending, investment and personal finance. I believe the Devil lies in details, so I dig a lot before writing anything and armed my writing pieces with figures and facts. Read more
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