Special three-month campaign to trace account holders and clear dormant balances

The Reserve Bank of India (RBI) has directed banks to intensify efforts to return unclaimed deposits worth an estimated ₹67,270 crore to their rightful owners, nominees, or heirs. The central bank has set a focused three-month window, from October to December 2025, for banks to identify dormant accounts and settle pending claims.

Unclaimed deposits include savings and current accounts with no activity for over 10 years, as well as term deposits unclaimed 10 years beyond maturity. These funds are transferred to the Depositor Education and Awareness (DEA) Fund managed by the RBI but can still be reclaimed through the depositor’s bank. As of March 2024, total unclaimed balances had risen to about ₹78,213 crore,

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