The Department of Financial Services has launched the Common Landing Portal for Unclaimed Financial Assets to facilitate easier access to information on unclaimed financial assets. The portal has been developed in collaboration with the Public Sector Bank Alliance (PSBA), a centralised umbrella organisation jointly promoted by 12 public sector banks in the country.
The Finance Ministry said that the portal, www.unclaimedassetsportal.in, serves as a unified platform providing access to search facilities for unclaimed bank deposits, insurance claims, shares, dividends and mutual funds across the financial ecosystem.
The Common Landing Portal marks an important step towards building a more accessible, transparent and citizen-centric financial ecosystem.
Secretary, Department of Financial Services, M. Nagaraju, said that the portal will enhance citizen convenience by bringing together access to multiple search facilities on a single platform and strengthen ongoing efforts to reconnect individuals with their rightful financial assets.
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