Unclaimed amount of ₹1,45,762 Cr is lying idle due to lack of nominee update.
PF : ₹58,000 Cr
LIC : ₹21,500 Cr
Mutual Funds : ₹24,000 Cr
Bank Deposits : ₹42,262 Cr
The Reserve Bank of India launched the UDGAM Portal (Unclaimed Deposits : Gateway to Access information) on 18th August 2023 for General Public.
Let's utilise the above link to check & update nominees for the sake of family.
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