Rs.35,012 crore unclaimed deposits lying in banks, Check bank wise data

April 9, 2023

1 1 minute read

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Rs.35,012 crore unclaimed deposits have been transferred by Public Sector Banks to the RBI. These unclaimed deposits are the ones that have been lying dormant in the accounts. Example – If a person deposits Rs.1 lac in his bank account but does not do any transaction in bank account for a number of years, then it becomes unclaimed deposit.

SBI tops the list with an unclaimed amount of ₹8,086 crore, while Punjab National Bank has ₹5,340 crore and Canara Bank has ₹4,558 crore. These unclaimed deposits belong to 10.24 crore accounts transferred to the RBI.

Let’s have a look at the bank wise data

Name of Bank	Unclaimed Amount (In Rs. crores)	Number of Accounts
Bank of Baroda	3,904	89,30,915
Bank of India	2,557	92,56,380
Bank of Maharashtra	838	18,63,192
Canara Bank	4,558	1,56,22,262
Central Bank of India	1,240	30,84,349
Indian Bank	2,445	85 21 423
Indian Overseas Bank	1,790	46,17,573
Punjab 8, Sind Bank	494	12,56,602
Punjab National Bank	5,340	1,50,48,156
State Bank of India	8,086	2,17,80,757
UCO Bank	583	14,78,743
Union Bank of India	3,177	1,09,40,247
Total	35,012	10,24,00,599

Steps taken by Government

RBI has announced to launch a centralized web portal via which customers can search for their unclaimed deposits online in an easy manner.

April 9, 2023

1 1 minute read