Unclaimed Assets Portal Latest News
Recently, the Department of Financial Services (DFS), Ministry of Finance launched the Unclaimed Assets Portal.
About Unclaimed Assets Portal
- It is a common landing portal for unclaimed financial assets.
- It is developed in collaboration with the Public Sector Bank Alliance (PSBA) to facilitate easier access to information relating to unclaimed financial assets.
- This 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.
- The initiative 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.
What is the Public Sector Bank Alliance?
- PSBA is a centralised umbrella organisation jointly promoted by 12 public sector banks in the country.
- It was set up to deliver tech-driven, secure services to the banking sector that foster innovation and redefine banking excellence.
Source: PIB
Last updated on August, 2026
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Unclaimed Assets Portal FAQs
Q1. What was the purpose of Public Sector Bank Alliance (PSBA)?+
Q2. PSBA currently has how many PSBs as members?+
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