₹2,000 Cr Back In Citizens’ Pockets; Modi Pushes ‘Your Money, Your Right’ Drive

Nearly ₹2,000 crore has already been returned to citizens under the government's 'Your Money, Your Right' initiative, a nationwide effort aimed at helping people reclaim long-forgotten financial assets held across banks, insurance companies, mutual funds, and other institutions. The initiative, launched in October 2025, focuses on making the asset recovery process easier, more transparent, and accessible to all.

Prime Minister Narendra Modi, in a social media post on Wednesday, announced that close to ₹2,000 crore has been successfully handed back to rightful owners. He said the campaign was created to ensure that every citizen is able to retrieve what genuinely belongs to them.

"Here is a chance to convert a forgotten financial asset into a new opportunity. Take part in the 'Your Money, Your Right' movement!" the Prime Minister urged, noting the massive volume of public funds still lying unclaimed across financial institutions.

Indian banks currently hold ₹78,000 crore in unclaimed deposits, insurance companies have nearly ₹14,000 crore unclaimed, mutual fund houses hold around ₹3,000 crore, and dividends worth ₹9,000 crore continue to remain unclaimed. Modi said these figures have surprised many, as they represent the lifetime savings and investments of countless families.

To streamline the reclamation process, the government and regulators have created dedicated online platforms. These include the RBI's UDGAM Portal for unclaimed bank deposits, IRDAI's Bima Bharosa Portal for unclaimed insurance proceeds, SEBI's MITRA Portal for unclaimed mutual fund amounts, and the Ministry of Corporate Affairs' IEPFA Portal for unpaid dividends and unclaimed shares.

The Prime Minister also highlighted that facilitation camps have been set up across 477 districts, covering both rural and urban areas, with special attention to remote regions to maximise outreach.

Through joint efforts by the government, regulators, banks, and other financial entities, nearly ₹2,000 crore has already been returned to citizens.

Modi appealed to the public to help expand the reach of this movement by checking whether they or their family members have any unclaimed deposits, insurance funds, dividends, or investments. He urged people to make use of the dedicated portals and facilitation camps to recover their dues.

"Act now to claim what is yours and convert a forgotten financial asset into a new opportunity. Your money is yours. Let us make sure that it finds its way back to you. Together, let us build a transparent, financially empowered and inclusive India!" he said.