In September 2025, the Reserve Bank of India ( RBI ) announced a new scheme for facilitating accelerated payout to ensure faster settlement of inoperative accounts and unclaimed deposits lying with banks.

As of June 2025, the unclaimed deposits stood at over Rs. 67,000 crore (cr) .

Key H ighlights:

Purpose: The objective is to encourage banks to actively pursue customers/ depositors for re-activation of their inoperative accounts and return of their unclaimed amounts lying with Depositors Education Awareness ( DEA ) Fund to the rightful claimants in a timely and efficient manner.

The Scheme aims to reduce both the stock of existing unclaimed deposits and fresh accretion of flows to the DEA Fund.

Scope: The scheme is applicable to all the banks registered under the DEA Fund

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