SBI Unclaimed Deposits List 2024 and Unclaimed Deposits Form

The SBI Unclaimed Deposits List aims to promote transparency, accountability, and ensure that the funds are rightfully returned to their rightful owners

Sbi Unclaimed Deposits List

SBI Unclaimed Deposits List refers to the compilation of unclaimed funds held by the State Bank of India (SBI). These deposits typically include dormant accounts, fixed deposits, savings accounts, and other financial assets where the account holders have not accessed their funds for a prolonged period.

The list serves as a public record of such unclaimed deposits, allowing individuals to search and claim their rightful funds. It is an effort by SBI to reunite customers with their forgotten or overlooked assets.

According to the Reserve Bank of India (RBI), as of February 2023, Public Sector Banks (PSBs) have transferred a total of Rs. 35,012 crore in unclaimed deposits to the RBI. This amount represents deposits that have not been operated for a period of 10 years or more.

Dr. Bhagwad Karad, Union Minister of State in the Ministry of Finance, provided this information in a written reply to a query in the Lok Sabha on April 3. The disclosure highlights the significant sum of unclaimed funds held by PSBs, emphasizing the importance of reuniting these funds with their rightful owners through proper procedures and awareness campaigns.

SBI Unclaimed Deposits List

The term “unclaimed deposits” refers to funds that remain untouched in bank accounts for a duration exceeding 10 years. State Bank of India (SBI) has published a list of account holders with unclaimed deposits. Individuals can verify their names in the roster of inactive account holders released by SBI and proceed to reclaim their deposits by following the prescribed procedure with appropriate documentation.

Failure to claim these unclaimed deposits by the account holders or their beneficiaries will result in the transfer of the funds to the Depositor Education and Awareness Fund (DEAF) administered by the Reserve Bank of India (RBI).

The Reserve Bank of India (RBI) has announced plans to create a dedicated web portal aimed at locating unclaimed deposits held in various banks. State Bank of India (SBI) holds the highest amount of unclaimed deposits, totaling ₹8,086 crores, which has been transferred to the RBI.

Punjab National Bank (PNB) follows with ₹5,340 crore, and Canara Bank with ₹4,558 crore. Below, you can find the SBI unclaimed deposits list, which includes bank accounts held by inactive account holders for over 9.5 years.

Unclaimed Deposits List of SBI Bank Details

Bank Name State Bank of India
Article SBI Unclaimed Deposits List
Purpose Promoting financial literacy and awareness among depositors
Benefit Unclaimed deposits will be put to productive use
Total Amount transferred 13,274 crore
Direct Link to Check SBI Unclaimed Deposits List 2023
PNB Unclaimed Deposits PNB Unclaimed Deposits List and Claiming Amount Form
Official Website
SBI Unclaimed Deposits Details

How to Check SBI Unclaimed Deposits List 2023

Complete process to claiming of unclaimed deposit accounts of SBI bank is given below step by step.
Step 1: Visit official website of State Bank of India

Step 2: At home page, go to customer care section and then to inoperative accounts link.

Step 3: Now check name of account holder and address in list of unclaimed deposits by SBI

Step 4: Enter Name, Address, given captcha and click on “Submit Button”.

Unclaimed Deposits
Unclaimed deposits sbi how to check

Step5 : To claim your unclaimed deposit, kindly visit the SBI branch where you hold an account. Complete the “Claim Form” by filling in all the necessary fields and affix your signature. Remember to bring along your passbook, deposit receipts, recent photographs, valid identity proof, and any other relevant original documents as required.

Step 6: The SBI branch will handle the application for the payment of the unclaimed deposit directly. They will conduct the necessary due diligence and ensure compliance with KYC (Know Your Customer) requirements. Once the process is complete, the branch will proceed to release the payment amount to you.

Search SBI Unclaimed Deposits List at RBI UDGAM Portal

There are following steps to check SBI unclaimed deposits list at RBI UDGAM portal.

Step 1 : Visit Reserve Bank of India UDGAM official portal

Step 2 : At home go to login page

Step 3 : Direct link for Login

Step 4 : Enter Mobile Number, Name, Password, Captcha and click on “Next” button.

Udgam Portal Login
Udgam portal login

Step 5 : Now enter OTP send at your mobile number and click on register button.

Step 6 : Now Login at UDGAM portal with registered mobile number and password.

Step 7 : Enter Account Holder name, Bank, any one from PAN, Voter ID, Driving License, Possport and Date of Birth then click on “Search” option.

PNB Unclaimed Deposits List PDF

Check complete list of unclaimed deposits at below link

PNB Unclaimed Deposits List and Claiming Amount Form

List of Documents Require to Claim SBI Unclaimed Deposits

  • Statements of account
  • Passbook/Term Deposit/Special Term Deposit Receipts
  • PAN Number
  • Valid Identity proof
  • Address proof documents
  • Passport Number
  • Recent photographs
  • Customer Acknowledgment Slip
  • Copy of death Certificate of the account holder (if claimed by the legal heir/Nominee)

SBI Unclaimed Deposits Form

Download SBI unclaimed deposits pdf from from below link.

Sbi Unclaimed Deposits Form

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