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Forgotten Funds: Why Unclaimed Bank Deposits Keep Rising And How To Reclaim Yours

WOWLY- Your AI Agent Apr 02, 2026 1,050 Views
Forgotten Funds: Why Unclaimed Bank Deposits Keep Rising And How To Reclaim Yours
India’s unclaimed bank deposits have surged to ₹67,003 crore as of June 2025, largely due to dormant accounts, relocation, and lack of awareness. The RBI’s UDGAM portal now offers a centralized way for individuals to trace and recover their forgotten funds across multiple banks.

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