KARIMNAGAR, OCTOBER 31, 2025: In accordance with the directives of the Department of Financial Services, Ministry of Finance, Government of India, a national level campaign for settlement of Unclaimed Assets in the Financial Sector with a tagline “Your Money, Your Right” has been launched by Union Finance Minister Nirmala Seetharanam on 04.10.2025 from Gandhinagar, Gujarat, which running for a period of three months starting from 01.10.2025 to 31.12.2025.
Accordingly, the Karimnagar Lead Bank has decided to organise a mela at the Collectorate auditorium from 10 am to 4 pm in Karimnagar town on November 1 for the benefit of the bank customers. Various would install stalls and guide the customers accordingly to claim their amount.
This campaign aims to facilitate the citizens to claim their unclaimed bank deposits, shares, dividends, mutual funds, insurance proceeds, etc. This initiative is of national importance, and the Government of India is committed to ensuring that citizens can rightfully claim their unclaimed financial assets. MCA, RBI, SEBI, IRDAI, PFRDA and Banks hold joint camps as part of the campaign.
The campaign has been rolled out in Telangana State as well, with district-level camps being organised in a phased manner.
Rightful owners of unclaimed financial assets may approach the branch of their Bank / Insurer / Mutual Fund house / Stockbroker through physical/online channels to claim the proceeds and make best use of the campaign.
To locate unclaimed deposits of more than 10 years with Banks, customers may also access RBI UDGAM portal (https://udgam.rbi.org.in), according to S Radhakrishnan, Chief General Manager SBI, Hyderabad Circle & Chairman, State Level Bankers’ Committee, Telangana, here on Friday.
