calender_icon.png 31 July, 2025 | 9:49 PM

Unclaimed deposits with banks stand at `67,003 cr

29-07-2025 12:00:00 AM

Of the PSBs, SBI is leading the pack with unclaimed deposits of `19,329.92 cr

Unclaimed deposits with banks, including private lenders, stood at Rs 67,003 crore at the end of June 2025, Parliament was informed on Monday. As of June 30, 2025, public sector banks were saddled with unclaimed deposits of Rs 58,330.26 crore while private sector had Rs 8,673.72 crore, as per the Reserve Bank of India.

Of the public sector banks, SBI is leading the pack with unclaimed deposits of Rs 19,329.92 crore, followed by Punjab National Bank Rs 6,910.67 crore and Canara Bank Rs 6,278.14 crore, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha.

Among the private sector banks, ICICI Bank has the highest unclaimed deposits of Rs 2,063.45 crore, followed by HDFC Bank Rs 1,609.56 crore and Axis Bank Rs 1,360.16 crore, he said.

To enhance accessibility and simplify the search process for unclaimed deposits, RBI has launched the Centralised Web Portal UDGAM (Unclaimed Deposits- Gateway to Access Information) for public.

"As on July 1, 2025, 8,59,683 users registered and accessed UDGAM portal. The said portal facilitates the registered users to search unclaimed deposits/ amounts across multiple banks at one place in a centralized manner," he said.