State Level Bankers Committee (SLBC), Goa, in coordination with the Lead District Managers (LDMs) and all the stakeholder banks will be organizing camps for settlement of unclaimed financial assets and deposits in North and South Goa on Wednesday, November 12th.
In South Goa, the camp will be held at BPS Sports Club, Margao, at 11:00 a.m. while in North Goa, the camp has been planned at Taj Vivanta, St. Inez, Panaji, at 3:00 p.m.
The three-month campaign for settlement of unclaimed financial assets has been launched by the Ministry of Finance, Government of India, from October to December 2025 under the Theme “Your Money Your Right”.
The aim of the campaign is to facilitate the citizens to claim their unclaimed financial assets including bank deposits, insurance policy claims, mutual fund proceeds, dividends, shares, etc which often remain unclaimed due to lack of awareness or outdated account details.
The deposits in accounts which are not operated for a period of 10 years are classified as unclaimed deposits. During the campaign period, the SLBC has requested the public to visit their bank branches with KYC documents like Adhaar card, Photograph, PAN card etc to activate their bank accounts, thus helping the officials for efficient and faster settlement of unclaimed deposits.
Although banks are trying to approach the customers by sending letters, telephone calls, personal visits, the outcome is not satisfactory as many people are not available at the given address.
Hence, the SLBC has requested all the citizens to participate in the camps in large numbers for timely redressal and settlement of their unclaimed financial assets.
At the national level, the campaign is coordinated by the Department of Financial Services, Ministry of Finance, bringing together the Reserve Bank of India, the Securities and Exchange Board of India, the Insurance Regulatory and Development Authority of India, the Pension Fund Regulatory and Development Authority, and the Investor Education and Protection Fund Authority, along with banks, insurance companies, mutual funds, and pension institutions on a common platform.
