Top 10 Public Sector Banks with Highest Unclaimed Deposits Transferred to DEA Fund
India’s banking system has evolved rapidly—from branch-based operations to a fully digital ecosystem. Yet, one persistent concern remains: unclaimed deposits lying idle in public sector banks (PSBs). To address this issue and empower citizens, the government launched the national awareness campaign “Aapki Poonji, Aapka Adhikar — Your Money, Your Right” on October 4, 2025. This initiative aims to help individuals trace, claim, and recover unclaimed financial assets.
Before looking at the numbers, it is important to understand the term. According to the statement presented in Parliament on December 2, 2025, unclaimed deposits refer to:
Once the time period lapses, these funds are transferred to the Depositor Education and Awareness (DEA) Fund, maintained by the Reserve Bank of India (RBI). The RBI, along with banks, has been actively running awareness drives through print, radio, and digital media to help rightful holders or their nominees claim these funds.
During a Parliamentary session, Rajya Sabha MP Phulo Devi Netam sought bank-wise data on unclaimed deposits. Responding, Pankaj Chaudhary, Minister of State for Finance, shared details under the DEA Fund Scheme, 2014—the governing mechanism for unclaimed deposits.
As per RBI data cited in Parliament, State Bank of India (SBI) leads with the highest amount of unclaimed deposits transferred to the DEA Fund as on June 30, 2025.
The list underscores that SBI alone accounts for nearly one-third of total unclaimed deposits among PSBs.
In total, ₹58,331 crore of unclaimed deposits from 12 Public Sector Banks stand transferred to the DEA Fund.
The National Green Tribunal (NGT) has directed authorities to reconsider a quarry proposal near the…
The Maharashtra state government has introduced a new offline photo upload feature for e-crop registration.…
The Echinus Geyser, known as the world’s largest acidic geyser. Which has erupted again after…
The historic Hatti Risala festival in Jalna has completed 138 years. Which is continuing a…
The Maharashtra Economic Survey 2025-26 projects the Maharashtra economy to grow by 7.9% in the…
Maharashtra has recorded the slowest Gross State Domestic Product (GSDP) growth among India’s four largest…