Complete SBI Unclaimed Deposits List 2023

The State Bank of India has released the SBI Unclaimed Deposits List for 2023. The list of SBI Bank Unclaimed Deposits has been released on the UDGAM Portal.  In this article, we will provide you with a list of unclaimed deposits transferred to RBI, a list of documents required to claim deposits, and SBI Unclaimed Deposits Form.

You can find your name on SBI’s list of inactive account holders and, further, claim your deposits by following the proper procedure with all valid documentation as per the guidelines of SBI. If the owner of the account does not claim these unclaimed deposits, the cash will be transferred to the RBI’s Depositor Education and Awareness Fund (DEAF)

For this purpose, the RBI has introduced a portal named UDGAM to trace the unclaimed deposits lying in banks. Now Indian citizens can search for dormant accounts or unclaimed deposits on a single platform. SBI has remitted the most unclaimed deposits of Rs 8086 crore to the Reserve Bank of India, followed by PNB at Rs 5,340 crore and Canara Bank at Rs 4,558 crore.

On 3^rd April 2023,  Dr. Bhagwad Karad, Union Minister of State in the Ministry of Finance, provided this information in a written response to a question in the Lok Sabha. The declaration emphasizes the substantial amount of unclaimed cash kept by PSBs, emphasizing the significance of reuniting these funds with their rightful owners through correct procedures and public awareness efforts.

Now Let’s check out the list of SBI unclaimed deposits in bank accounts of inactive account holders dating back more than 9.5 years.

SBI Unclaimed Deposits List

What is an unclaimed deposit? Unclaimed deposits are the amounts that have remained unclaimed in bank accounts for more than ten years. The State Bank of India has published a list of account holders with unclaimed money. You can check the table given below:

How to Check SBI Bank Unclaimed Deposits List 2023

SBI has set a procedure to claim SBI Bank Unclaimed Deposits by following these helpful steps-:

1. First, go to the State Bank of India’s official website at https://sbi.co.in navigate to the customer service section, and then go to the inoperative accounts link.
2. Now you can check the name of the account holder and address in the list of SBI Unclaimed Deposits. Fill up the information, like your name, address, and text verification captcha, and click on the submit button.
3. Now visit the SBI branch where you have an account and sign the “Claim Form” after filling out all essential fields. You must take your passbook, deposit receipts, recent pictures, valid identification, and any applicable original documentation with you.
4. After due diligence and KYC compliance, the SBI Branch will promptly process the application for payment of unclaimed deposit and pay the amount.

Search SBI Unclaimed Deposits List at RBI UDGAM Portal

Follow the below mentioned steps to check SBI unclaimed deposits list at RBI UDGAM portal.

Step 1: Visit the Reserve Bank of India UDGAM official portal https://udgam.rbi.org.in/.

Step 2: In the homepage of UDGAM Portal, you have to first register on the portal

Step 3: Enter your mobile number, first name & last name. Create a password, enter a captcha, and click on the next button. You will receive an OTP on your registered mobile number. Enter the OTP and click on the register button.

Step 4 : Now you can log in to the UDGAM portal by simply entering your mobile number and password

Step 5: Now You can search the SBI unclaimed deposits list by entering the account holder’s name and selecting the State Bank of India as the bank, or by directly entering the PAN card number, voter ID, driving number, passport number, and date of birth.

List of Documents Require to Claim SBI Unclaimed Deposits

Here is the list of important documents that are required to claim SBI Unclaimed Deposits List-:

List of Unclaimed Deposits Transferred to RBI

Deposits that have remained unclaimed in holders’ bank accounts for more than ten years are transferred to the RBI’s Depositor Education and Awareness (DEA) Fund.

Every bank presents a list of unclaimed deposits in their official website. This list contains the amount of unclaimed deposits transferred to the RBI by different banks.

SBI Unclaimed Deposits Form

You can check and save this SBI Unclaimed Deposits Form for further use:

Related Tags-:

sbi unclaimed deposits list pdf , sbi unclaimed deposits online , sbi bank unclaimed deposits , unclaimed deposits sbi