{"id":21280,"date":"2024-03-06T12:35:53","date_gmt":"2024-03-06T07:05:53","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=21280"},"modified":"2025-04-06T11:05:18","modified_gmt":"2025-04-06T05:35:18","slug":"udgam-portal","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/udgam-portal\/","title":{"rendered":"UDGAM Portal"},"content":{"rendered":"<h2>About UDGAM Portal<\/h2>\n<ul>\n<li>UDGAM refers to\u00a0Unclaimed Deposits-Gateway to Access inforMation, which is an online portal developed\u00a0by the Reserve Bank of India (RBI).<\/li>\n<li>It facilitates the registered users to search unclaimed deposits\/accounts across\u00a0multiple banks at one place in a centralised manner.<\/li>\n<li>There are 30 banks, which are part of UDGAM portal, and they cover around 90% of unclaimed deposits (in value terms) in\u00a0Depositor Education and Awareness (DEA) Fund of RBI.<\/li>\n<li>All unclaimed deposits\/accounts that are part of Depositor Education and Awareness (DEA) Fund of RBI.<\/li>\n<li>This portal provides information related to both individuals and non-individuals category unclaimed deposits<\/li>\n<li>It facilitates\u00a0only\u00a0the search of unclaimed deposits\/accounts across multiple banks at one place and provides information on claim\/settlement process of each bank.<\/li>\n<li>The unclaimed deposits can be\u00a0claimed only from the respective bank.<\/li>\n<li>After registration on the portal a person will get\u00a0Unclaimed Deposit Reference Number (UDRN) which is a unique number\u00a0generated through Core Banking Solution (CBS) by banks and assigned to each Unclaimed account\/ deposit transferred to Depositor Education and Awareness (DEA) Fund of RBI.<\/li>\n<li>This number is used so that the account holder or the bank branch where account is maintained, cannot be identified by any third party.<\/li>\n<li>The UDRN enables the bank branches to seamlessly settle claims received from the customers\/depositors, who have made successful search in UDGAM portal.\u00a0<\/li>\n<\/ul>\n<hr \/>\n<h3>Q1) What are Unclaimed Deposits?<\/h3>\n<p>According to RBI, &#8220;Unclaimed Deposits&#8221; refers to funds held in savings or current accounts that have remained inactive for a duration of 10 years, or in the case of fixed deposits (FDs), have not been withdrawn within 10 years from the maturity date.<\/p>\n<p><strong>Source:<\/strong> <a href=\"https:\/\/economictimes.indiatimes.com\/industry\/banking\/finance\/banking\/30-banks-join-rbi-udgam-portal-for-unclaimed-deposits\/articleshow\/108243139.cms\" target=\"_blank\" rel=\"nofollow noopener\">30 banks join RBI UDGAM portal for unclaimed deposits<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UDGAM Portal which is an online portal developed by the Reserve Bank of India (RBI).<\/p>\n","protected":false},"author":5,"featured_media":21281,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-21280","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/21280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=21280"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/21280\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/21281"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=21280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=21280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=21280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}