What is the 'Your Money, Your Right' movement?

The 'Your Money, Your Right' movement, launched by the central government in October 2025, assists people in reclaiming forgotten financial assets. Individuals often lose track of their assets due to several reasons, including a change in name/address/phone number and the death of the original holder.

Prime Minister Narendra Modi on Wednesday, December 10, said that nearly ₹2,000 crore has been returned so far to citizens under the 'Your Money, Your Right' initiative.

“Here is a chance to convert a forgotten financial asset into a new opportunity. Take part in the ‘Your Money, Your Right’ movement,” Prime Minister Narendra Modi said in a social media post on X on Wednesday.

Indian banks are currently holding ₹78,000 crore of unclaimed money, of which ₹14,000 crore is lying with insurance companies, and mutual fund companies have around ₹3,000 crore. Moreover, dividends worth ₹9,000 crore are lying unclaimed.

To help people trace and claim their funds easily and transparently, the government has created dedicated portals and organised facilitation camps to spread awareness about this.

Portals for tracing financial assets

The government has built dedicated portals:

• Reserve Bank of India (RBI)’s UDGAM Portal for unclaimed bank deposits & balances (https://udgam.rbi.org.in/unclaimed-deposits/ )
• Insurance Regulatory and Development Authority of India (IRDAI)’s Bima Bharosa Portal for unclaimed insurance policy proceeds (https://bimabharosa.irdai.gov.in/)
• Securities and Exchange Board of India (SEBI)’s MITRA Portal for unclaimed amounts in mutual funds (https://app.mfcentral.com/)
• Ministry of Corporate Affairs' IEPFA Portal for Unpaid dividends & unclaimed shares (https://www.iepf.gov.in/)

Other measures

As of December 2025, the government has organised facilitation camps in 477 districts across rural and urban India, with an emphasis on covering remote areas.

“Through the coordinated efforts of all stakeholders, notably the Government, regulatory bodies, banks and other financial institutions, nearly Rs. 2,000 crore has already been returned to the rightful owners,” PM Modi said in his post on LinkedIn.

He suggested some things to scale up this movement:

• Check if you or your family members have any unclaimed deposits, insurance proceeds, dividends or investments.

• Visit the portal to trace your financial assets.

• Make use of facilitation camps in your district for assistance.

“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,” PM Modi said.