Your Money Your Right Campaign launched by PM Narendra Modi
Learn how the Your Money Your Right Campaign guides Indians to recover forgotten bank deposits, insurance claims, mutual funds, and dividends.
Your Money Your Right Campaign
Prime Minister Narendra Modi is encouraging citizens to reclaim their long-forgotten funds through the national initiative ‘Your Money, Your Right’. This campaign reflects the government’s focus on financial transparency and aims to help people recover money that rightfully belongs to them.
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Countrywide Initiative for Financial Growth & Stability
The initiative motivates people to find and claim their unclaimed deposits, insurance payouts, mutual fund balances, and dividend amounts. The Prime Minister described it as a collective step toward a more inclusive financial system, encouraging citizens to turn dormant assets into valuable opportunities.
Unclaimed Wealth Spread Across Different Sectors
Recent data shows that a huge amount of unclaimed money is lying with financial institutions. Banks hold tens of thousands of crores in inactive accounts, insurance companies have large unpaid policy amounts, and mutual funds and dividend accounts also contain substantial unclaimed balances. These figures represent the hard-earned savings of families across India that have remained untouched for years.
User-friendly digital platforms to speed up claim requests
Several digital platforms have been launched to make the recovery of unclaimed money easier. The UDGAM Portal helps people find unclaimed bank deposits. Insurance-related claims can be filed through the Bima Bharosa Portal, while the MITRA Portal provides details about mutual fund balances. For dividend claims, citizens can use the IEPFA Portal, managed by the Ministry of Corporate Affairs.
Some Important Facts
- The ‘Your Money, Your Right’ initiative began in October 2025.
- Facilitation camps have been organized across 477 districts in the country.
- Through joint efforts, nearly ₹2,000 crore has already been returned to citizens.
- Key platforms supporting this drive include UDGAM, Bima Bharosa, MITRA, and IEPFA.
Growing the initiative’s reach while involving more people in the process
Authorities are increasing on-ground engagement through district-level camps to help people verify and reclaim their unclaimed funds. The campaign focuses on spreading awareness, especially in remote regions. Citizens are encouraged to review their family’s financial documents and use the official portals to recover money that rightfully belongs to them, supporting financial inclusion across the country.
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Strengthening Financial Literacy Through Awareness Drives
A key focus of the Your Money Your Right Campaign is improving financial literacy across all age groups. Awareness drives are being conducted in schools, community centers, and rural gatherings to educate people about dormant accounts, lost insurance claims, and forgotten investments. By teaching citizens how to identify and track their financial assets, the campaign aims to prevent future unclaimed balances and promote a culture of responsible money management nationwide.
Government Collaboration With Banks and Financial Institutions
The campaign’s success relies heavily on coordinated efforts between the government, banks, insurance firms, and mutual fund companies. These institutions are actively updating records, simplifying verification steps, and integrating data with digital platforms. Special support teams have been formed to assist senior citizens and families dealing with legacy accounts. This collaborative approach ensures faster resolution, reduces paperwork, and makes reclaiming funds a smooth, transparent, and secure experience for citizens.
Building Trust Through Transparency and Digital Innovation
The Your Money Your Right Campaign is also strengthening public trust by using technology to ensure transparency. Real-time tracking features, OTP-based verification, and secure online dashboards allow citizens to monitor their claims without confusion. By integrating modern digital tools, the initiative reduces delays and minimizes the risk of errors or fraud. This shift toward transparent digital governance reinforces confidence in the system and empowers people to actively manage their financial assets.
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