RBI Udgam Portal 2024: Online Registration & Complete Details

RBI Udgam Portal Apply Online & Registration Form | RBI Udgam Portal Check Empanelled Banks & Timelines | RBI Udgam Portal Check Features & Benefits | RBI Udgam Portal Check Delegated Bodies & Documents | RBI Udgam Portal Check Eligibility & All Details |

To help banks obtain information regarding unclaimed deposits, the Reserve Bank of India has established a central platform known as the RBI Udgam Portal. Public access to this portal began on August 17, 2023. You must register on the website and finish it within the allotted period in order to use this portal’s services. The webpage offers details and includes data from seven banks.

Through this article, we will provide you with all types of information about the RBI Udgam Portal 2024 like purpose, Eligibility Criteria, Benefits, Features, important documents, etc. Apart from this, we will share with you the process to apply online for this portal. To get complete information about this portal, read this article till the end.

RBI Udgam Portal

Through the RBI Udgam Portal, which was just launched by the Reserve Bank of India, consumers can find out if they have any unclaimed deposits at various banks. The RBI is spreading the word to assist people in claiming these deposits, which have been unclaimed for more than a decade. The website consolidates all of these deposits in one location for the public’s simple access and retrieval.

People can now use the RBI UDGAM Portal to locate any money they may have forgotten in banks. There are now seven partner banks, but more will be added shortly. After creating an account on the portal, users can view the amount of money they have forgotten and decide whether to utilize it or move it to an active account.

RBI Udgam Portal: Online Registration & Complete Details

Highlights Of RBI Udgam Portal

The highlights of this portal are as follows:-

Name Of The Portal RBI Udgam Portal
Launched ByReserve Bank of India
Delegated MinistryMinistry of Electronics & Information Technology
ObjectiveTo provide easy access and retrieval by the public
Benefit Depositors will be able to access details for seven banks
Applicable To Citizens of India
Beneficiaries Bank Accountholders
Beneficiary CategoriesApplicants wanting to claim deposit amounts
Form of BenefitFacilitation of Unclaimed Deposits
Hosting SiteNational Information Center (NIC)
Mode Of ApplicationOnline 
Last Date To Apply OnlineWill be updated soon
Official WebsiteWill be updated soon

Objectives Of RBI Udgam Portal

The major objective of launching the RBI Udgam Portal is to help users identify any unclaimed deposits or accounts that they may have. This will allow individuals to either claim the deposit amount or make their deposit accounts operational at their respective banks. One can apply online before the last date. 

Another objective of launching the RBI Udgam Portal is to streamline the process and make it easier for account holders and the general public to search for their old accounts that have been inactive or dormant for many years. The portal currently provides details for seven banks, with more banks being added gradually.

RBI UDGAM Portal Timelines

The timelines of this portal are as follows:-

Event Date
Proposal of the web portalWill be updated soon
Udgam web portal to launch soonWill be updated soon

RBI UDGAM Portal Empanelled Banks

The list of empanelled banks is as follows:-

  • Central Bank of India
  • DBS Bank India Limited
  • Dhanlaxmi Bank Limited
  • Punjab National Bank
  • South Indian Bank Limited
  • State Bank of India

Delegated Bodies

The list of delegated bodies is as follows:-

  • Reserve Bank Information Technology Pvt Ltd (ReBIT)
  • Indian Financial Technology & Allied Services (IFTAS),
  • Any Other Participating Banks

RBI UDGAM Portal for Finding Inactive Accounts

RBI launched the UDGAM portal to help people find their old inactive bank accounts transferred to the DEAF of the RBI. It follows the “100 days 100 pays” campaign where banks were asked to find and assist the top 100 unclaimed account holders. This provides an easy-to-use platform for account holders and the public to search for their accounts.

Bringing Unclaimed Deposits Together

UDGAM serves as a centralized platform where individuals can find information about their unclaimed deposits from various banks. It aims to consolidate these deposits, which have been untouched for over 10 years, and make them easily accessible to their rightful owners so this portal will redress the issues of unclaimed deposits. 

RBI UDGAM Portal Promoting Awareness

Due to the substantial number of unclaimed deposits, the RBI has initiated awareness programs to inform the public about these funds. The article emphasizes the importance of informing individuals about the existence of such deposits and the need to claim them. This will promote awareness. 

Functionality of UDGAM Portal

The UDGAM Portal allows individuals to search for forgotten money in seven participating banks. Additional banks will be included from October 15, 2023. Users can view the amount of unclaimed money they have and choose to either utilize it or transfer it to their active accounts. This way can retrieve the money of the depositors. 

Registration & Updates

To utilize the UDGAM Portal, users are required to complete a registration process. This paragraph informs readers about the ongoing registration and encourages them to sign up. Additionally, users are encouraged to stay updated with the latest news and developments related to the portal. Updates will be notified via this portal.

Features and Functionalities

The RBI UDGAM Portal offers a wide range of features and functionalities that cater to the diverse needs of users. Some of the key features include:-

  • Single Sign-On: Users can access multiple RBI services using a single login credential.
  • Online Account Opening: Individuals and businesses can open accounts with RBI-regulated entities through a seamless online process.
  • Payment Systems: The portal facilitates secure and convenient online payments, including NEFT, RTGS, and UPI.
  • Financial Education: Users can access educational resources and tools to enhance their financial literacy.
  • Complaint Management: The portal provides a platform for users to register and track their complaints regarding financial services.

User Experience

The RBI UDGAM Portal is designed with a user-centric approach, prioritizing simplicity and ease of use. The intuitive interface and user-friendly navigation make it accessible to individuals with varying levels of technological proficiency. The portal also ensures data security and privacy, instilling confidence in users while conducting financial transactions.


The RBI UDGAM Portal offers numerous benefits to users, including:-

  • Convenience: Users can access a wide range of financial services from the comfort of their homes or offices, eliminating the need for physical visits to RBI offices.
  • Time-saving: The online processes offered on the portal significantly reduce the time required for various financial transactions.
  • Transparency: Users can track the status of their transactions and complaints in real-time, promoting transparency and accountability.
  • Financial Inclusion: The portal aims to bridge the gap between urban and rural areas by providing equal access to financial services to all sections of society.

Case Studies or Examples

Several individuals and businesses have benefited from the RBI UDGAM Portal. For instance, a small business owner in a remote village was able to open a bank account online, enabling them to receive digital payments and access credit facilities. Similarly, an individual residing in a metropolitan city was able to resolve a complaint regarding a failed online transaction within a few hours through the portal’s complaint management system.

Challenges and Limitations

While the RBI UDGAM Portal has brought significant improvements to the financial services sector, it also faces certain challenges and limitations. Some of these include:-

  • Technological Barriers: Limited internet connectivity and digital literacy in certain regions may hinder the widespread adoption of the portal.
  • Security Concerns: As with any online platform, there is a risk of cybersecurity threats and data breaches. The RBI must continuously invest in robust security measures to mitigate these risks.
  • Integration Issues: The portal’s success relies on seamless integration with various financial institutions and service providers. Any technical glitches or compatibility issues could impact the user experience.

Future Developments

The RBI is committed to continuously improving the UDGAM Portal and addressing the challenges it faces. Future developments may include:-

  • Enhanced Mobile Accessibility: The portal may be optimized for mobile devices to cater to users who primarily access the internet through smartphones.
  • Expanded Services: The RBI may introduce additional services on the portal, such as insurance, investment products, and pension schemes.
  • Regional Language Support: To promote inclusivity, the portal may incorporate support for regional languages to cater to users from diverse linguistic backgrounds.

Benefits Of RBI UDGAM Portal 

The benefits of this portal are as follows:- 

  • This portal will allow individuals to either claim the deposit amount.
  • This portal will provide details for seven banks.
  • This provides an easy-to-use platform for account holders.
  • In this portal, the issues of unclaimed deposits will get redressed. 
  • This portal will also emphasize the importance of informing individuals about the existence of such deposits.
  • Latest news and developments will be provided to the applicants.

Features Of RBI UDGAM Portal 

The features of this portal are as follows:- 

  • The Reserve Bank of India has launched the RBI UDGAM Portal.
  • In this portal, banks can find information about unclaimed deposits. 
  • This portal was made available to the public on 17 August 2023. 
  • The website brings all these deposits together in one place for easy access and retrieval by the public.
  • Users can sign up on the portal to see how much forgotten money they have and choose to use it.
  • For getting more information, one can visit the official website. 

RBI UDGAM Portal Eligibility Criteria 

The applicants will need to attain the below-mentioned points to apply online for this scheme:- 

  • The applicant must be a citizen of India. 
  • The candidate must have opened his or her bank account in that bank that has been empanelled. 

Important Documents 

Some of the important documents required to apply online for this portal are as follows:- 

  • Aadhar Card
  • Residence Certificate
  • Income Certificate 
  • PAN Number
  • Driving License
  • Voter ID
  • Passport Number
  • Bank Account Details 
  • Latest Passport Size Photos 
  • Mobile No
  • Email ID 

RBI UDGAM Portal Apply Online 

The applicants will need to follow the below-mentioned points to apply online for this portal:- 

  • Visit and open the Official Website.
  • Now you will get land on the homepage.
  • Click on the Register Here Tab on the screen. 
  • The registration form will get displayed. 
  • Enter your name and mobile no.
  • Then create a password for your account. 
  • Now enter the captcha code. 
  • Click on the Submit button.
  • Enter the received OTP. 

Checking Unclaimed Deposits Amount

The applicants will need to follow the below-mentioned points to check unclaimed deposits:- 

  • Visit and go to the Official Website.
  • Now you will get land on the homepage.
  • Login to your ID.
  • A new page will get displayed where you will need to enter your account holder’s name and Bank’s Name.
  • Choose anyone to enter your details. 
  • Now click on the Search button.
  • A new page will be displayed where the relevant details will get appeared. 

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