Winning Bizness Desk
Mumbai.Finance Minister Nirmala Sitharaman launched the 'Your Capital, Your Right' campaign on October 4, 2025, from Gandhinagar, Gujarat. The campaign aims to help citizens recover their unclaimed financial assets, including bank deposits, insurance claims, shares, and mutual funds. It is scheduled to run for three months, ending in December 2025. This initiative is expected to strengthen financial inclusion and ensure that citizens can claim the assets they are entitled to.
How the Campaign Will Work for Citizens
The campaign will involve multiple steps to make the recovery process easier. Key financial institutions such as the Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (IRDAI), Securities and Exchange Board of India (SEBI), and the Investor Education and Protection Fund Authority (IEPFA) will work together. Standard operating procedures and frequently asked questions will be issued, and online portals and helplines will provide tools to trace unclaimed assets efficiently. Citizens can also participate in workshops and local camps for awareness.
Tracing Old Bank Deposits and Insurance Policies
Through the campaign, citizens can check unclaimed bank deposits using the RBI’s UDGAM portal. Insurance claims can be traced through the IRDAI SIIP portal. Share-related information will be available through SEBI’s SCORES platform, and fund transfers can be checked via the IEPFA portal. The government has made participation easy by requiring only basic documents like Aadhaar, PAN, and passbooks. SOPs for claiming assets are also available on a centralized website.
Who Will Benefit from the Campaign
The government estimates that more than 30,000 crore rupees worth of unclaimed assets exist in India. These funds are likely linked to middle-class and lower-income families. Citizens will benefit from recovering interest on old accounts, insurance claims, and dividends from shares. The campaign is particularly beneficial for elderly and rural citizens, who often find it difficult to trace lost or forgotten assets.
Understanding Unclaimed Deposits and Assets
Unclaimed deposits include bank accounts that have not been operated for 10 years or term deposits whose maturity claims were not made within ten years. In addition, shares, mutual funds, dividends, and insurance policies that remain unclaimed also fall under unclaimed assets. The time period for different types of assets varies, with some bank accounts or deposits becoming unclaimed after six months or a few years depending on the product.
How to Participate in the Campaign
Participation in the campaign is straightforward. Citizens can check unclaimed bank deposits through the UDGAM portal, insurance claims through IRDAI SIIP, and shares through SEBI SCORES. Fund transfers can be traced via IEPFA. They can also attend local camps or call helplines during the campaign. Simple documents such as Aadhaar, PAN, and bank passbooks will be sufficient to initiate the process. The government has provided all necessary instructions and SOPs to ensure smooth participation.
Pointers in a Nutshell
1. 'Your Capital, Your Right' campaign launched on October 4, 2025, by Finance Minister.
2. Campaign will run for three months until December 2025.
3. Aims to help citizens recover unclaimed financial assets.
4. Institutions like RBI, IRDAI, SEBI, and IEPFA will coordinate efforts.
5. Citizens can trace bank deposits, insurance claims, shares, and mutual funds.
6.Over 30,000 crore rupees in unclaimed assets could benefit middle-class and poor citizens.
7. Participation requires basic documents and access to online portals or local camps.
