RBI Launches UDGAM Portal 2.0 for Unclaimed Deposits.

Banking & Finance | Dated: 09 Mar 2026

The Reserve Bank of India upgraded its centralized web facility, launching UDGAM Portal 2.0. The platform now integrates 50 commercial banks, allowing citizens to seamlessly search and claim their dormant accounts and unclaimed deposits using advanced AI-driven facial recognition for KYC.

🎯 Key Highlights:

  • UDGAM stands for Unclaimed Deposits - Gateway to Access inforMation.
  • The portal aims to reduce the volume of unclaimed money in the banking system.
  • It was developed by Reserve Bank Information Technology Pvt Ltd (ReBIT).

💡 Other Important Facts:

  • Portal: UDGAM 2.0.
  • Function: Unclaimed Deposits.
  • Agency: RBI.

📚 Test Your Knowledge:

What is the name of the upgraded centralized web portal launched by the RBI to help citizens search for their unclaimed deposits?

Correct Answer: UDGAM Portal 2.0

🚀 Quick Recap:

About UDGAM Portal

  • Developed By - ReBIT & IFTAS
  • Regulator - Reserve Bank of India