3 months ago
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Union Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha connected Monday that unclaimed slope deposits successful Andhra Pradesh stood astatine ₹2,279 crore arsenic connected January 28, 2026. He was replying to an unstarred question raised by Telugu Desam Party M.P. G. M. Harish Balayogi connected the presumption of unclaimed deposits and the steps taken to facilitate their colony successful the State.
Providing details, the Minister said banks crossed the country, including those successful Andhra Pradesh, had been directed to place and settee unclaimed accounts done peculiar drives. A nationwide three-month run titled “Aapki Punji, Aapka Adhikar – Your Money, Your Right” was conducted betwixt October and December 2025 successful coordination with the Reserve Bank of India and different fiscal regulators.
In Andhra Pradesh, camps and consciousness programmes were organised astatine 158 locations, including Collectorates, pb slope offices and mandal-level institutions. As a result, 34,455 accounts involving ₹161 crore were settled betwixt September 1, 2025 and January 28, 2026.
The Minister said banks successful the State transferred ₹236 crore to the Depositor Education and Awareness Fund during 2025-26 truthful far, portion ₹194 crore was released backmost to banks for the colony of claims successful the aforesaid period.
He clarified that the RBI’s UDGAM portal functioned lone arsenic a centralised hunt level for unclaimed deposits and not arsenic a assertion colony mechanism. Special consciousness drives were besides undertaken successful Konaseema district, wherever 1,899 accounts involving ₹5.08 crore were settled during the past year.
