Unclaimed Financial Assets in India Reach ₹69,239.34 Crore
New Delhi, March 24—Unclaimed amounts held by public sector banks, insurers, and mutual funds in India totaled ₹69,239.34 crore as of January 2026 and February-end, according to information provided to the Rajya Sabha on Tuesday.Unclaimed Amounts Across Financial Sectors
Minister of State for Finance Pankaj Chaudhary informed the House that the unclaimed amount transferred to the Depositor Education and Awareness (DEA) Fund of the Reserve Bank of India stood at ₹60,518 crore as of January 2026.The unclaimed insurance amount outstanding with insurers was ₹8,973.89 crore as of February-end. Additionally, the value of unclaimed amounts in mutual funds under SEBI regulations was ₹3,749.34 crore.
Measures to Identify Claimants and Reduce Unclaimed Assets
Various measures have been undertaken by financial sector regulators to ensure timely identification of rightful claimants, reduce both the existing stock of unclaimed financial assets and the fresh accretion to it, and to simplify and expedite the claim process for citizens.Sovereign Green Bond Investor Interest
The government has reviewed investor interest in Sovereign Green Bonds (SGrBs). The average bid-cover ratio for SGrBs has remained above 2 since its inception in FY 2022-23, with a ratio of 2.32 for FY 2025-26.Investors in SGrBs offered a greenium of 7 basis points in the latest auction held on November 28, 2025.
There is no proposal to introduce tax incentives for Sovereign Green Bond investors.
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