India's New Unclaimed Assets Portal: What It Finds, and What You Still Have to Do Yourself

Until recently, finding money you had forgotten about meant knowing which regulator to ask. Bank deposits sat with the RBI, shares and dividends with the IEPF, mutual funds with the AMCs, insurance with the insurer. Most people never found out they had anything.

On 29 May 2026 the Department of Financial Services launched a Common Landing Portal for Unclaimed Financial Assets at unclaimedassetsportal.in — one place to search across all of them. It is part of the government’s "आपकी पूँजी, आपका अधिकार" (Your Money, Your Right) campaign.

How much is actually sitting there

• Bank deposits: ₹86,917 crore in the RBI’s Depositor Education and Awareness Fund as at 30 June 2026, per the Finance Ministry’s reply in Parliament
• Shares: the IEPF held shares reported at about ₹89,004 crore across 1,671 listed companies as at November 2025
• Insurance: roughly ₹25,000 crore with life insurers, on reported estimates
• Mutual funds: about ₹2,638 crore of unclaimed dividends and redemptions, per AMFI data

The campaign behind the portal reports ₹5,777 crore returned across 22.95 lakh claims through camps in 748 districts, to 28 February 2026. That is real money going back to families, and it is a fraction of the total.

What the portal actually does

It searches and routes. It does not pay you. Each asset class still has its own claim process with its own institution:

• Bank deposits: → the RBI’s UDGAM portal, then a claim at the bank that holds the account. How UDGAM works.
• Shares and dividends transferred to the IEPF: → Form IEPF-5 on the MCA portal, verified by the company. The IEPF claim process.
• Mutual funds: → SEBI’s MITRA service for inactive folios. How MITRA works.
• Insurance: → the insurer’s own unclaimed amounts search. Unclaimed insurance money.

What you need before you search

• The name exactly as it would have been recorded, including maiden names and spelling variants
• PAN, and date of birth
• Any old paperwork: a folio number, a bank account number, a policy number, a dividend warrant
• For a relative who has died: the death certificate, and an idea of which banks and companies they dealt with

Where the easy part ends

Searching is free and takes minutes. The claim is where people stall, and the pattern is the same across every asset class: the records are decades old, the address and signature no longer match, and the person named is often no longer alive.

For shares that is exactly the work we do — the IEPF filing, the registrar correspondence, and the transmission documents when the shareholder has died. For deposits, insurance and mutual funds, the portals above take you to the right institution and you deal with them directly; we do not claim those on your behalf.

If the holder has died

Every route changes. Shares need transmission under SEBI’s July 2026 framework before or alongside the claim; banks and insurers have their own nomination and legal heir requirements. The documents overlap heavily, so gather them once: death certificate, proof of relationship, and the heirs’ identity documents. Transmission of shares after death.