{"id":21280,"date":"2026-05-06T14:55:53","date_gmt":"2026-05-06T09:25:53","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=21280"},"modified":"2026-05-08T13:07:57","modified_gmt":"2026-05-08T07:37:57","slug":"udgam-portal","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/udgam-portal\/","title":{"rendered":"UDGAM Portal"},"content":{"rendered":"<h2><b>UDGAM Portal Latest News<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The Reserve Bank of India (RBI) recently told the Supreme Court that 30 banks have been integrated into its centralised web portal, UDGAM, to enable legal heirs to trace funds belonging to deceased account holders. <\/span><\/p>\n<h2><b>About UDGAM Portal<\/b><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">UDGAM (<\/span><b>Unclaimed Deposits-Gateway to Access inforMation)<\/b><span style=\"font-weight: 400;\"> is an online portal <\/span><b>developed <\/b><span style=\"font-weight: 400;\">by the <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/reserve-bank-of-india\/\" target=\"_blank\"><strong>Reserve Bank of India<\/strong><\/a> (<\/span><b>RBI<\/b><span style=\"font-weight: 400;\">).<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The RBI collaborated with Reserve Bank Information Technology Pvt Ltd (ReBIT), Indian Financial Technology &amp; Allied Services (IFTAS), and selected banks to develop this platform.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It facilitates the registered users to <\/span><b>search unclaimed deposits\/accounts across multiple banks at one place<\/b><span style=\"font-weight: 400;\"> in a centralized manner.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">There are <\/span><b>30 banks,<\/b><span style=\"font-weight: 400;\"> which are part of UDGAM portal, and they cover around <\/span><b>90% of unclaimed deposits (in value terms) in the Depositor Education and Awareness (DEA) Fund of RBI.<\/b><\/li>\n<li style=\"text-align: justify;\"><b>All unclaimed deposits\/accounts <\/b><span style=\"font-weight: 400;\">that are <\/span><b>part of the DEA Fund of RBI can be searched <\/b><span style=\"font-weight: 400;\">in the UDGAM portal.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It provides information related to <\/span><b>both individual and non-individual category of unclaimed deposits.<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Whether a user can settle\/claim his\/her unclaimed deposits through UDGAM portal?\u00a0<\/b>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">No, the UDGAM portal <\/span><b>facilitates only<\/b>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">the<\/span><b> search of unclaimed deposits<\/b><span style=\"font-weight: 400;\">\/accounts across multiple banks at one place and\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><b>provides information on the claim\/settlement process<\/b><span style=\"font-weight: 400;\"> of each bank (which will be available in the search result).<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The unclaimed deposits can be <\/span><b>claimed only from the respective bank.\u00a0<\/b><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\"><b>\u00a0What is the Unclaimed Deposit Reference Number (UDRN)?\u00a0<\/b>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">After registration on the UDGAM portal, a person will get UDRN, which is a <\/span><b>unique number generated through Core Banking Solution (CBS) by banks <\/b><span style=\"font-weight: 400;\">and <\/span><b>assigned to each Unclaimed account\/<\/b><span style=\"font-weight: 400;\"> deposit transferred to the DEA Fund of RBI.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">This number is used so that the <\/span><b>account holder<\/b> <b>or the bank branch<\/b><span style=\"font-weight: 400;\"> where the account is maintained <\/span><b>cannot be identified by any third party.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The UDRN enables the bank branches to <\/span><b>seamlessly settle claims received<\/b><span style=\"font-weight: 400;\"> from the customers\/depositors, who have made successful searches in the UDGAM portal.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><b>What are Unclaimed Deposits?<\/b><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">According to RBI, \u201cUnclaimed Deposits\u201d refers to <\/span><b>funds held in savings or current accounts <\/b><span style=\"font-weight: 400;\">that have <\/span><b>remained inactive for a duration of 10 years, <\/b><span style=\"font-weight: 400;\">or <\/span><b>in the case of fixed deposits (FDs),<\/b><span style=\"font-weight: 400;\"> have <\/span><b>not been withdrawn within 10 years from the maturity date.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Such amounts are <\/span><b>transferred by banks to the &#8220;Depositor Education and Awareness&#8221; (DEA) Fund, <\/b><span style=\"font-weight: 400;\">which is <\/span><b>maintained by <\/b><span style=\"font-weight: 400;\">the Reserve Bank of India (<\/span><b>RBI<\/b><span style=\"font-weight: 400;\">). <\/span><\/li>\n<\/ul>\n<p><strong>Source: <a href=\"https:\/\/www.thehindu.com\/news\/national\/30-banks-integrated-with-udgam-portal-to-help-legal-heirs-trace-funds-rbi-tells-sc\/article70942244.ece\" target=\"_blank\" rel=\"nofollow noopener\">TH<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UDGAM Portal is an online portal developed by the Reserve Bank of India (RBI) that facilitates the registered users to search unclaimed deposits\/accounts across multiple banks at one place in a centralized manner.<\/p>\n","protected":false},"author":5,"featured_media":102516,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[21,7371,23],"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":"tag-prelims-pointers","9":"tag-udgam-portal","10":"tag-upsc-prelims-current-affairs","11":"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":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/21280\/revisions"}],"predecessor-version":[{"id":102147,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/21280\/revisions\/102147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/102516"}],"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}]}}