Prime Minister Narendra Modi has called on citizens to turn forgotten financial assets into new opportunities. This call to action is part of the ‘Your Money, Your Right’ initiative. The goal is to ensure every Indian can reclaim what is rightfully theirs.
Thousands of crores lie unclaimed across the nation’s financial systems. These are not abstract numbers. They represent the hard-earned savings of countless families.
In a LinkedIn post, PM Modi framed this as a chance for financial empowerment. He emphasized building a transparent and inclusive India. The initiative aims to correct a significant oversight in the financial landscape.
The scale of unclaimed wealth is startling. PM Modi shared key figures during the Hindustan Times Leadership Summit. The numbers paint a clear picture of the challenge.
Indian banks are holding a massive Rs 78,000 crore in unclaimed deposits. Insurance companies have nearly Rs 14,000 crore lying idle. Mutual funds and unpaid dividends add thousands of crores more.
This situation prompted the launch of the ‘Your Money, Your Right’ campaign in October 2025. The core mission is reconnection. It seeks to link people with their own money.
To simplify the process, dedicated online portals have been established. Each major financial regulator now has a dedicated claim platform. This creates a centralized and transparent system for citizens.
The RBI runs the UDGAM Portal for unclaimed bank deposits. IRDAI operates the Bima Bharosa Portal for insurance claims. SEBI’s MITRA Portal handles mutual funds, while the IEPFA Portal manages dividends and shares.
Progress is already being made. As of December 2025, facilitation camps have reached 477 districts. Special emphasis has been placed on covering remote and rural areas.
These coordinated efforts are yielding results. Through the work of government and financial institutions, nearly Rs 2,000 crore has been returned. This money is now back with its rightful owners.
The Prime Minister stated this movement will be scaled up. He requested direct public assistance to drive its success. Citizen participation is crucial for the next phase.
PM Modi urges everyone to check for unclaimed assets. He asks people to review family deposits, insurance, and investments. The next step is to visit the relevant portals.
Citizens should also utilize local facilitation camps. This grassroots approach is key to the initiative’s reach. It brings the solution directly to communities.
Reclaiming these assets is more than an administrative task. It is an act of financial empowerment for individuals and the nation. Every rupee returned strengthens economic participation.
The ‘Your Money, Your Right’ drive continues to build momentum. It transforms forgotten savings into active opportunities. This is a collective step toward a more inclusive financial system.