The Finance Ministry on Friday launched a unified online platform that allows people to easily search for and track unclaimed financial assets, including bank deposits, insurance claims, shares and mutual funds, in one place.
The platform aims to make it easier for citizens to access information about their unclaimed funds, increase financial awareness, and strengthen trust in the financial system.
Accordingly, the finance ministry said in a statement, initiative is expected to enhance public awareness, improve ease of access to information and contribute to the vision of Viksit Bharat 2047 through greater financial empowerment, inclusion and trust in the financial system
“The portal serves as a unified platform providing access to search facilities relating to unclaimed bank deposits, insurance claims, shares, dividends and mutual funds available across the financial ecosystem,” it said.
The portal has been launched in collaboration with PSB Alliance to facilitate easier access to information relating to unclaimed financial assets.
How to track you unclaimed unclaimed financial assets:
- Visit portal accessible at www.unclaimedassetsportal.in
- On the page, you will see 4 different section – Bank deposits, insurance claims, shares, dividends and mutual funds
- Select the one you want to track
- You would need your PAN and phone number/email id to log in
- For example, if you want to track unclaimed mutual funds asset, you click on that
- first, it will ask for your PAN
- then, your phone number
- after you enter the OTP, provider on your phone you can enter the page
- Similarly, for checking insurance claims, you have to click on that and then provide your phone number or email id and PAN number to proceed further
‘Multiple search facilities on a single platform’
Department of Financial Services Secretary M Nagaraju launched the unified platform during the review meeting of public sector banks.
The initiative, the ministry said, builds upon the nationwide campaign ‘Your Money, Your Right’, undertaken by the Department of Financial Services in coordination with financial sector regulators, banks and other stakeholders to facilitate awareness, tracing and restitution of unclaimed financial assets.
The secretary said the portal will improve citizen convenience by bringing together access to multiple search facilities on a single platform and strengthen ongoing efforts towards reconnecting individuals with their rightful financial assets.
The Common Landing Portal marks an important step towards building a more accessible, transparent and citizen-centric financial ecosystem.