Lok Sabha Question No. 2119 (UNSTARRED), answered on 2021-08-02
Subject: Unclaimed Deposits
Ministry: FINANCE
Asked by: Gajanan Chandrakant Kirtikar, C.N. Annadurai, Gautham Sigamani Pon, Ganesan Selvam

## GOVERNMENT OF INDIA MINISTRY OF FINANCE

## DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO. 2119

TO BE ANSWERED ON MONDAY, 2 nd  AUGUST, 2021/ 11 SRAVANA 1943 (SAKA

## UNCLAIMED DEPOSITS

## 2119. SHRI GAJANAN KIRTIKAR:

SHRI C.N. ANNADURAI:

SHRI GAUTHAM SIGAMANI PON:

SHRI SELVAM G.:

Will the Minister of FINANCE be pleased to state:

- (a) whether  there  is  huge  unclaimed  deposits  in  various  public/private  sector  banks  and insurance companies in the country;
- (b) if so, the details thereof during each of last three years and the current year, bank and insurance company-wise;
- (c) whether  there  has  been  increase  in  such  amount  year  after  year  and  if  so,  the details thereof and the reasons therefor;
- (d) whether the Government has any norms to deal with such unclaimed deposits in banks and insurance companies and if so, details thereof;
- (e) whether the Government has any proposal to utilize such deposits for the welfare activities of social disadvantaged groups in the country and if so, the details thereof; and
- (f) whether the Government has asked the banks to play a more proactive and meaningful role in finding the whereabouts of the account holders of such unclaimed deposits and if so, the details thereof and the achievements made as a result thereof?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE

## (DR. BHAGWAT KARAD)

a)  As  per  information  received  from  the  Reserve  Bank  of  India  (RBI),  the  total  amount  of unclaimed  deposits  of  Scheduled  Commercial  Banks  (SCBs)  was  Rs.  24,356  crore,  as  on 31.12.2020. As per information received from the Insurance Regulator Development Authority of India (IRDAI), the total amount of unclaimed amounts of policy holders in public and private sector insurance companies was Rs. 24,586 crore, as on 31.12.2020 .

(b):  The  details  of  the  unclaimed  deposits  reported  by  public  /private  sector  banks  (as  per information received from RBI) and the details of the unclaimed amounts reported by life and nonlife  insurance  companies  (as  per  information  received  from  IRDAI)  are  given  in Annex-I and Annex-II respectively.

(c): RBI has informed that unclaimed deposits have increased by Rs. 5,977 crore in the year 2020, as compared to the year 2019, on account of depositors not having claimed their deposits from banks.  As  per  information  received  from  IRDAI,  the  unclaimed  amounts  have  increased  by  Rs. 6,343.78 in the year 2020, as compared to the year 2019.

(d)  and  (e):  Pursuant  to  the  amendment  of  the  Banking  Regulation  Act,  1949,  and  insertion  of section 26A, RBI has framed the Depositor Education and Awareness Fund (Fund) Scheme, 2014 (Scheme). The scheme has already been notified vide Gazette Notification dated 24.5.2014. As per  the  Scheme,  the  Fund  is  utilized  for  promotion  of  depositors'  interests  and  for  such  other purposes which may be necessary for promotion of depositors' interest as may be specified by RBI.

As  far  as  insurance  companies  are  concerned,  pursuant  to  Government  of  India's  Notification dated 18.03.2016, IRDAI has issued circulars dated 11.04.2017 and 25.07.2017 as per which all insurers having unclaimed amounts of policyholders for a period of more than 10 years transfer such  fund  to  the  Senior  Citizens'  Welfare  Fund  (SCWF)  every  year.  The  SCWF  is  utilised  for schemes for promoting the welfare of senior citizens

(f):  RBI  has  advised  banks  to  play  a  more  pro-active  role  in  finding  the  whereabouts  of  the accountholders  of  unclaimed  deposits/  inoperative  accounts vide circulars  dated  07.02.2012, 08.02.2012, 21.11.2014 and 02.02.2015.

***

## Bank -wise details of unclaimed deposits reported to RBI:

The Reserve Bank of India (RBI) has informed that the unclaimed deposits reported by Scheduled Commercial Banks to RBI as per Section 26 of the Banking Regulation Act, 1949 for the years 2018, 2019 and 2020 are as under:

| Total Unclaimed Deposits of Scheduled Commercial Banks   | Total Unclaimed Deposits of Scheduled Commercial Banks   | Total Unclaimed Deposits of Scheduled Commercial Banks   | Total Unclaimed Deposits of Scheduled Commercial Banks   | Total Unclaimed Deposits of Scheduled Commercial Banks   | Total Unclaimed Deposits of Scheduled Commercial Banks   | Total Unclaimed Deposits of Scheduled Commercial Banks   | Total Unclaimed Deposits of Scheduled Commercial Banks   |
|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|
|                                                          |                                                          | As on December 31, 2018                                  | As on December 31, 2018                                  | As on December 31, 2019                                  | As on December 31, 2019                                  | As on December 31, 2020                                  | As on December 31, 2020                                  |
| Sr No.                                                   | Sr No.                                                   | No. of Accounts                                          | Amount (in Crores)                                       | No. of Accounts                                          | Amount (in Crores)                                       | No. of Accounts                                          | Amount (in Crores)                                       |
| 1                                                        | SBI Group                                                | 8392643                                                  | 2156.33                                                  | 12373418                                                 | 3274.16                                                  | 13198283                                                 | 3577.56                                                  |
| 2                                                        | Nationalised Banks                                       | 34021132                                                 | 9919.38                                                  | 41210779                                                 | 11696.34                                                 | 54769139                                                 | 16596.90                                                 |
| 3                                                        | Private Sector Banks                                     | 5129927                                                  | 1851.56                                                  | 7090555                                                  | 2472.46                                                  | 8867332                                                  | 2963.54                                                  |
| 4                                                        | Foreign Banks                                            | 376213                                                   | 376.97                                                   | 452092                                                   | 455.40                                                   | 661553                                                   | 612.3251                                                 |
| 5                                                        | Regional Rural Banks                                     |                                                          | 0.00                                                     | 2969229                                                  | 477.35                                                   | 3765732                                                  | 601.15                                                   |
| 6                                                        | Local Area Banks                                         | 9030                                                     | 0.53                                                     | 11058                                                    | 0.65                                                     | 10886                                                    | 0.70                                                     |
| 7                                                        | Small Finance Bank                                       | 29193                                                    | 2.43                                                     | 32455                                                    | 3.15                                                     | 61924                                                    | 4.24                                                     |
| 8                                                        | Payment Banks                                            | 0                                                        | 0                                                        | 0                                                        | 0                                                        | 0                                                        | 0                                                        |
|                                                          | Grand Total                                              | 47958138                                                 | 14307.19                                                 | 64139586                                                 | 18379.52                                                 | 81334849                                                 | 24356.41                                                 |

| STATEMENT SHOWING THE UNCLAIMED DEPOSITS (MORE THAN 10 YEARS OLD) AS ON31ST DECEMBER 2020   | STATEMENT SHOWING THE UNCLAIMED DEPOSITS (MORE THAN 10 YEARS OLD) AS ON31ST DECEMBER 2020   | STATEMENT SHOWING THE UNCLAIMED DEPOSITS (MORE THAN 10 YEARS OLD) AS ON31ST DECEMBER 2020   | STATEMENT SHOWING THE UNCLAIMED DEPOSITS (MORE THAN 10 YEARS OLD) AS ON31ST DECEMBER 2020   |
|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|
| Si No                                                                                       | NAME OF THE BANK                                                                            | Total Unclaimed Deposits                                                                    | Total Unclaimed Deposits                                                                    |
|                                                                                             |                                                                                             | No. of Accounts                                                                             | Amount(Rs.) in Crores                                                                       |
| SBI Group                                                                                   | SBI Group                                                                                   | SBI Group                                                                                   | SBI Group                                                                                   |
| 1                                                                                           | State Bank Of India                                                                         | 13198283                                                                                    | 3577.56                                                                                     |
|                                                                                             | SBI Group Total As On 2020                                                                  | 13198283                                                                                    | 3,577.56                                                                                    |
| Nationalised Banks                                                                          | Nationalised Banks                                                                          | Nationalised Banks                                                                          | Nationalised Banks                                                                          |
| 1                                                                                           | Bank Of Baroda                                                                              | 6513780                                                                                     | 2,873.14                                                                                    |
| 2                                                                                           | Bank Of India                                                                               | 5417088                                                                                     | 1,428.81                                                                                    |
| 3                                                                                           | Bank Of Maharashtra                                                                         | 1022314                                                                                     | 481.27                                                                                      |
| 4                                                                                           | Canara Bank                                                                                 | 10720745                                                                                    | 2,790.21                                                                                    |
| 5                                                                                           | Central Bank Of India                                                                       | 1566221                                                                                     | 660.48                                                                                      |
| 6                                                                                           | Indian Bank                                                                                 | 9302842                                                                                     | 1,800.97                                                                                    |
| 7                                                                                           | Indian Overseas Bank                                                                        | 2616244                                                                                     | 1,163.22                                                                                    |
| 8                                                                                           | Punjab And Sind Bank                                                                        | 508883                                                                                      | 238.18                                                                                      |
| 9                                                                                           | Punjab National Bank                                                                        | 8966263                                                                                     | 2,856.00                                                                                    |
| 10                                                                                          | UCO Bank                                                                                    | 259233                                                                                      | 140.80                                                                                      |
| 11                                                                                          | Union Bank Of India                                                                         | 7875526                                                                                     | 2,163.83                                                                                    |
|                                                                                             | Nationalised Banks Total As On 2020                                                         | 54769139                                                                                    | 16,596.90                                                                                   |
| Private Sector Banks                                                                        | Private Sector Banks                                                                        | Private Sector Banks                                                                        | Private Sector Banks                                                                        |
| 1                                                                                           | AXIS BANK LIMITED                                                                           | 574558                                                                                      | 268.81                                                                                      |
| 2                                                                                           | Bandhan Bank Limited                                                                        | 0                                                                                           | 0.00                                                                                        |
| 3                                                                                           | DCB Bank Limited                                                                            | 74633                                                                                       | 58.58                                                                                       |
| 4                                                                                           | HDFC Bank Ltd.                                                                              | 485325                                                                                      | 284.74                                                                                      |
| 5                                                                                           | ICICI BANK LIMITED                                                                          | 2274320                                                                                     | 809.29                                                                                      |
| 6                                                                                           | IDBI BANK LIMITED                                                                           | 636955                                                                                      | 196.44                                                                                      |

| 7             | IDFC FIRST Bank Limited                             | 0       | 0.00      |
|---------------|-----------------------------------------------------|---------|-----------|
| 8             | INDUSIND BANK LTD                                   | 152374  | 60.49     |
| 9             | Kotak Mahindra Bank Ltd.                            | 644743  | 252.05    |
| 10            | YES BANK LTD.                                       | 41282   | 7.32      |
| 11            | CITY UNION BANK LIMITED                             | 182839  | 50.46     |
| 12            | CSB Bank Limited                                    | 333410  | 44.16     |
| 13            | FEDERAL BANK LTD                                    | 451036  | 181.27    |
| 14            | JAMMU & KASHMIR BANK LTD                            | 494087  | 185.80    |
| 15            | KARNATAKA BANK LTD                                  | 450651  | 116.51    |
| 16            | KARUR VYSYA BANK LTD                                | 502911  | 146.19    |
| 17            | NAINITAL BANK LTD                                   | 57733   | 21.75     |
| 18            | RBL BANK LTD                                        | 33631   | 17.70     |
| 19            | SOUTH INDIAN BANK LTD                               | 710485  | 128.38    |
| 20            | TAMILNAD MERCANTILE BANK LTD                        | 632010  | 87.25     |
| 21            | THE DHANALAKSHMI BANK LTD                           | 134349  | 46.36     |
|               | Private Sector Banks Total As On 2020               | 8867332 | 2963.54   |
| Foreign Banks | Foreign Banks                                       |         |           |
| 1             | AB BANK LIMITED                                     | 58      | 0.03      |
| 2             | ABU DHABI COMMERCIAL BANK PJSC                      | 0       | 0.00      |
| 3             | American Express Banking Corp.                      | 66371   | 7.42      |
| 4             | Australia and New Zealand Banking Group Ltd         |         | 0.00      |
| 5             | BANK OF AMERICA , NATIONAL ASSOCIATION              | 2468    | 11.72     |
| 6             | BANK OF BAHRAIN& KUWAIT B.S.C.                      | 1957    | 1.49      |
| 7             | BARCLAYS BANK PLC                                   | 4903    | 3.79      |
| 8             | BNP Paribas                                         | 140     | 1.94      |
| 9             | Bank Of Ceylon                                      | 1051    | 1.74      |
| 10            | Bank Of Nova Scotia                                 | 793     | 2.83      |
| 11            | Bank of China                                       | 0       | 0.00      |
| 12            | CITIBANK N.A                                        | 18568   | 117.80    |
| 13            | COOPERATIEVE RABOBANK U.A.                          | 0       | 0.00      |
| 14            | CTBC BANK CO., LTD.                                 | 109     | 0.13      |
| 15            | Credit Agricole Corporate And Investment Bank       | 45      | 4.26      |
| 16            | Credit Suisse AG                                    | 0       | 0.00      |
| 17            | DBS Bank India Limited                              | 150387  | 71.69     |
| 18            | DEUTSCHE BANK AG                                    | 12359   | 12.96     |
| 19            | Doha Bank Qsc                                       | 493     | 1.37      |
| 20            | EMIRATES NBD BANK (P.J.S.C.)                        | 0       | 0.00      |
| 21            | FIRST ABU DHABI BANK PJSC                           | 0       | 0.00      |
| 22            | FIRSTRAND BANK LTD                                  | 0       | 0.00      |
| 23            | HONGKONG AND SHANGHAI BANKING CORPN.LTD.            | 224331  | 174.75    |
| 24            | INDUSTRIAL AND COMMERCIAL BANK OF CHINA             | 0       | 0.00      |
| 25            | INDUSTRIAL BANK OF KOREA                            | 0       | 0.00      |
| 26            | JPMORGAN CHASE BANK NATIONAL ASSOCIATION            | 75      | 0.00      |
| 27            | JSC VTB Bank                                        | 0       | 0.00      |
| 28            | KEB HANA BANK                                       | 0       | 0.00      |
| 29 30         | KRUNG THAI BANK PUBLIC COMPANY LIMITED Kookmin Bank | 0 0     | 0.00 0.00 |
| 31            | MASHREQ BANK PSC                                    | 561     | 0.89      |
| 32            | MIZUHO BANK LTD                                     | 5       | 0.01      |
| 33            | MUFG Bank Ltd.                                      | 762     | 3.07      |

| 34                   | Natwest Markets plc                    | 4627   | 15.44   |
|----------------------|----------------------------------------|--------|---------|
| 35                   | PT Bank Maybank Indonesia TBK          | 233    | 0.21    |
| 36                   | Qatar National Bank (Q.P.S.C.)         | 0      | 0.00    |
| 37                   | SBM Bank(India) Ltd.                   | 220    | 0.56    |
| 38                   | Sberbank                               | 0      | 0.00    |
| 39                   | Shinhan Bank                           | 368    | 0.37    |
| 40                   | Societe Generale                       | 0      | 0.00    |
| 41                   | Sonali Bank                            | 0      | 0.00    |
| 42                   | Standard Chartered Bank                | 170669 | 177.85  |
| 43                   | Sumitomo Mitsui Banking Corporation    | 0      | 0.00    |
| 44                   | United Overseas Bank Ltd               | 0      | 0.00    |
| 45                   | Woori Bank                             | 0      | 0.00    |
|                      | Foreign Banks Total as On 2020         | 661553 | 612.33  |
| Regional Rural Banks | Regional Rural Banks                   |        |         |
| 1                    | Andhra Pradesh Grameena Vikas Bank     | 69     | 0.24    |
| 2                    | Andhra Pragathi Grameena Bank          | 5749   | 1.55    |
| 3                    | Arunachal Pradesh Rural Bank           | 370    | 0.05    |
| 4                    | Aryavart Bank                          | 693006 | 98.05   |
| 5                    | Assam Gramin Vikash Bank               | 1085   | 0.17    |
| 6                    | Bangiya Gramin Vikas Bank              | 2823   | 2.80    |
| 7                    | Baroda Gujarat Gramin Bank             | 162476 | 35.68   |
| 8                    | Baroda Rajasthan Kshetriya Gramin Bank | 342967 | 56.88   |
| 9                    | Baroda UP bank                         | 603223 | 129.11  |
| 10                   | Chaitanya Godavari Gramin Bank         | 2671   | 1.19    |
| 11                   | Chhattisgarh Rajya Gramin Bank         | 74692  | 9.96    |
| 12                   | Dakshin Bihar Gramin Bank              | 26696  | 7.44    |
| 13                   | Ellaquai Dehati Bank                   | 2113   | 0.23    |
| 14                   | Himachal Pradesh gramin bank           | 5892   | 0.83    |
| 15                   | Jammu and Kashmir Grameen Bank         | 39566  | 1.74    |
| 16                   | Jharkhand Rajya Gramin Bank            | 16989  | 1.24    |
| 17                   | Karnataka Gramin Bank                  | 722169 | 106.51  |
| 18                   | Karnataka Vikas Grameena Bank          | 82494  | 15.63   |
| 19                   | Kerala Gramin Bank                     | 329624 | 34.97   |
| 20                   | Madhya Pradesh Gramin Bank             | 120639 | 18.87   |
| 21                   | Madhyanchal Gramin Bank                | 15652  | 2.96    |
| 22                   | Maharashtra Gramin Bank                | 53417  | 5.49    |
| 23                   | Manipur Rural Bank                     | 128    | 0.04    |
| 25                   | Mizoram Rural Bank                     | 1202   | 0.05    |
| 27                   | Odisha Gramya Bank                     | 1545   | 0.44    |
| 28                   | Paschim Banga Gramin Bank              | 24448  | 6.42    |
| 29                   | Prathama U.P. Gramin Bank              | 3925   | 1.60    |
| 30                   | Puduvai Bharthiar Grama Bank           | 0      | 0.00    |
| 31                   | Punjab Gramin Bank                     | 51503  | 4.49    |
| 32                   | Rajasthan Marudhara Gramin bank        | 115712 | 16.01   |
| 33                   | Saptagiri Grameena Bank                | 19405  | 4.25    |
| 34                   | Sarva Haryana Gramin Bank              | 58852  | 7.02    |
| 35                   | Saurashtra Gramin Bank                 | 29359  | 2.63    |

| 36                 | Tamil Nadu Grama Bank                                                   | 17013    | 4.58      |
|--------------------|-------------------------------------------------------------------------|----------|-----------|
| 37                 | Telangana Grameena Bank                                                 | 5330     | 1.79      |
| 38                 | Tripura Gramin Bank                                                     | 35903    | 7.87      |
| 39                 | Utkal Grameen Bank                                                      | 8958     | 0.76      |
| 40                 | Uttar Banga Kshetriya Gramin Bank                                       | 2707     | 0.99      |
| 41                 | Uttar Bihar Gramin Bank                                                 | 2031     | 1.72      |
| 42                 | Uttarakhand Gramin Bank                                                 | 34672    | 5.96      |
| 43                 | Vidharbha Konkan Gramin Bank                                            | 39991    | 2.66      |
|                    | Regional Rural Banks Total as On 2020                                   | 3765732  | 601.15    |
| Local Area Banks   | Local Area Banks                                                        |          |           |
| 1                  | COASTAL LOCAL AREA BANK LTD.                                            | 7844     | 0.56      |
| 2                  | KRISHNA BHIMA SAMRUDDHI LAB LTD.                                        | 3042     | 0.14      |
|                    | Local Area Banks Total As On 2020                                       | 10886    | 0.70      |
| Small Finance Bank | Small Finance Bank                                                      |          |           |
| 1                  | AU Small Finance Bank Limited                                           | 0        | 0         |
| 2                  | CAPITAL SMALL FINANCE BANK LIMITED                                      | 17365    | 3.98      |
| 3                  | EQUITAS SMALL FINANCE BANK LIMITED                                      | 347      | 0.053     |
| 4                  | ESAF SMALL FINANCE BANK LIMITED                                         | 0        | 0         |
| 5                  | Fincare Small Finance Bank Limited                                      | 0        | 0         |
| 6                  | Jana Small Finance Bank Ltd                                             | 0        | 0         |
| 7                  | NORTH EAST SMALL FINANCE BANKLIMITED                                    | 0        | 0         |
| 8                  | SURYODAY SMALL FINANCE BANK LIMITED                                     | 0        | 0         |
| 9                  | UTKARSH SMALL FINANCE BANK LIMITED                                      | 0        | 0         |
| 10                 | Ujjivan Small Finance Bank Limited                                      | 44212    | 0.20      |
|                    | Small Finance Bank Total As On 2020                                     | 61924    | 4.24      |
| Payment Banks      | Payment Banks                                                           |          |           |
| 1                  | AIRTEL PAYMENTS BANK LIMITED                                            | 0        | 0         |
| 2                  | Fino Payments Bank Limited                                              | 0        | 0         |
| 3                  | INDIA POST PAYMENTS BANK LIMITED                                        | 0        | 0         |
| 4                  | Jio Payments Bank Ltd                                                   | 0        | 0         |
| 5                  | NSDL Payments Bank                                                      | 0        | 0         |
| 6                  | Paytm Payments Bank Limited                                             | 0        | 0         |
|                    | Payment Banks Total As On 2020                                          | 0        | 0         |
|                    | Total Amount of unclaimed deposits of Scheduled Commercial Banks (SCBs) | 81334849 | 24,356.41 |

## Insurance company-wise details of unclaimed deposits reported to IRDAI:

The Insurance Regulatory and Development Authority of India (IRDAI) has informed that the  details  of  the  unclaimed  amounts  reported  by  the  life  and  non-life  insurance companies are as under:

| As on      | Unclaimed Deposits            | Unclaimed Deposits                |
|------------|-------------------------------|-----------------------------------|
|            | Life Insurers (In Rs. crores) | Non-Life Insurers (In Rs. crores) |
| 31.03.2018 | 15229.55                      | 847.54                            |
| 31.03.2019 | 17114.97                      | 1127.66                           |
| 31.03.2020 | 19726.12                      | 1217.64                           |
| 31.12.2020 | 23171.53                      | 1414.88                           |

## (a) Life Insurance Companies:

| Unclaimed Amounts: Life Insurers (Rs. in Crores)   | Unclaimed Amounts: Life Insurers (Rs. in Crores)   | Unclaimed Amounts: Life Insurers (Rs. in Crores)   | Unclaimed Amounts: Life Insurers (Rs. in Crores)   | Unclaimed Amounts: Life Insurers (Rs. in Crores)   | Unclaimed Amounts: Life Insurers (Rs. in Crores)   |
|----------------------------------------------------|----------------------------------------------------|----------------------------------------------------|----------------------------------------------------|----------------------------------------------------|----------------------------------------------------|
| Si No                                              | Name of Insurers                                   | As on 31st March, 2018                             | As on 31st March, 2019                             | As on 31st March, 2020                             | As on 31st December, 2020                          |
| 1                                                  | Aditya Birla Sun Life Insurance Co. Ltd.           | 257.72                                             | 279.50                                             | 293.25                                             | 311.64                                             |
| 2                                                  | Aegon Life Insurance Co. Ltd.                      | 40.36                                              | 38.29                                              | 21.95                                              | 28.88                                              |
| 3                                                  | Aviva Life Insurance Co. Ltd.                      | 190.65                                             | 186.25                                             | 183.17                                             | 192.97                                             |
| 4                                                  | Bajaj Allianz Life Insurance Co. Ltd.              | 611.69                                             | 378.35                                             | 357.52                                             | 329.76                                             |
| 5                                                  | Bharati AXA Life Insurance Co. Ltd.                | 74.81                                              | 71.48                                              | 64.73                                              | 64.67                                              |
| 6                                                  | Canara HSBC OBC Life Insurance Co. Ltd.            | 15.72                                              | 12.76                                              | 9.05                                               | 10.37                                              |
| 7                                                  | Edelweiss Tokio Life Insurance Co. Ltd.            | 1.37                                               | 2.56                                               | 3.49                                               | 3.44                                               |
| 8                                                  | Exide Life Insurance Co. Ltd.                      | 61.88                                              | 55.55                                              | 51.00                                              | 54.49                                              |
| 9                                                  | Future Generali Life Insurance Co. Ltd.            | 70.50                                              | 37.71                                              | 18.78                                              | 24.91                                              |
| 10                                                 | HDFC Life Insurance Co. Ltd.                       | 659.30                                             | 534.40                                             | 714.04                                             | 771.94                                             |
| 11                                                 | ICICI Prudential Life Insurance Co. Ltd.           | 807.40                                             | 662.83                                             | 833.23                                             | 910.45                                             |
| 12                                                 | Ageas Federal Life Insurance Co. Ltd.              | 9.85                                               | 9.50                                               | 16.21                                              | 14.22                                              |
| 13                                                 | India First Life Insurance Co. Ltd.                | 26.28                                              | 23.54                                              | 10.96                                              | 11.05                                              |
| 14                                                 | Kotak Life Insurance Co. Ltd.                      | 32.26                                              | 35.43                                              | 34.08                                              | 35.84                                              |
| 15                                                 | Max Life Insurance Co. Ltd.                        | 38.17                                              | 23.57                                              | 57.92                                              | 75.59                                              |
| 16                                                 | PNB Metlife Insurance Co. Ltd.                     | 203.46                                             | 214.10                                             | 203.44                                             | 236.51                                             |
| 17                                                 | Pramerica Life Insurance Co. Ltd.                  | 17.89                                              | 15.10                                              | 14.96                                              | 16.12                                              |
| 18                                                 | Reliance Nippon Life Insurance Co. Ltd.            | 696.12                                             | 302.52                                             | 288.07                                             | 369.52                                             |
| 19                                                 | Sahara India Life Insurance Co. Ltd.               | 10.47                                              | 15.04                                              | 13.16                                              | 20.90                                              |
| 20                                                 | SBI Life Insurance Co. Ltd.                        | 678.59                                             | 425.70                                             | 327.17                                             | 384.60                                             |
| 21                                                 | Shriram Life Insurance Co. Ltd.                    | 61.92                                              | 60.21                                              | 64.34                                              | 70.16                                              |
| 22                                                 | Star Union Di ichi Life Insurance Co. Ltd.         | 20.07                                              | 9.36                                               | 7.67                                               | 11.95                                              |
| 23                                                 | Tata AIA Life Insurance Co. Ltd.                   | 134.05                                             | 97.83                                              | 85.60                                              | 121.01                                             |
|                                                    | Private Total                                      | 4720.53                                            | 3491.58                                            | 3673.78                                            | 4070.98                                            |
| 24                                                 | LIC                                                | 10509.02                                           | 13623.40                                           | 16052.34                                           | 19100.55                                           |
|                                                    | Industry Total                                     | 15229.55                                           | 17114.97                                           | 19726.12                                           | 23171.53                                           |

## (b) Non-Life Insurance Companies:

| Unclaimed Amounts: Non-Life (General) Insurers (Rs. in Crores)   | Unclaimed Amounts: Non-Life (General) Insurers (Rs. in Crores)                               | Unclaimed Amounts: Non-Life (General) Insurers (Rs. in Crores)   | Unclaimed Amounts: Non-Life (General) Insurers (Rs. in Crores)   | Unclaimed Amounts: Non-Life (General) Insurers (Rs. in Crores)   | Unclaimed Amounts: Non-Life (General) Insurers (Rs. in Crores)   |
|------------------------------------------------------------------|----------------------------------------------------------------------------------------------|------------------------------------------------------------------|------------------------------------------------------------------|------------------------------------------------------------------|------------------------------------------------------------------|
| Si No                                                            | Name of the Insurer                                                                          | As on 31st March, 2018                                           | As on 31st March, 2019                                           | As on 31st March, 2020                                           | As on 31st December, 2020                                        |
| 1                                                                | Acko General Insurance Co. Ltd.                                                              | 0.00                                                             | 0.00                                                             | 0.00                                                             | 0.00                                                             |
| 2                                                                | Bajaj Allianz General Insurance Co. Ltd                                                      | 10.72                                                            | 8.19                                                             | 7.19                                                             | 8.01                                                             |
| 3                                                                | Bharti AXA General Insurance Co. Ltd.                                                        | 23.23                                                            | 31.87                                                            | 35.92                                                            | 30.38                                                            |
| 4                                                                | CholamandalamMS General Insurance Co. Ltd.                                                   | 7.97                                                             | 4.88                                                             | 2.26                                                             | 4.26                                                             |
| 5                                                                | Navi General Insurance Ltd. (Earlier known as DHFL General Insurance Ltd.)                   | 0.00                                                             | 0.00                                                             | 0.05                                                             | 0.05                                                             |
| 6                                                                | Edelweiss General Insurance Co. Ltd.                                                         | 0.00                                                             | 0.00                                                             | 0.02                                                             | 0.03                                                             |
| 7                                                                | Future Generali India Insurance Co. Ltd.                                                     | 5.29                                                             | 6.18                                                             | 8.50                                                             | 9.99                                                             |
| 8                                                                | Go Digit General Insurance Ltd                                                               | 0.00                                                             | 0.06                                                             | 0.13                                                             | 0.79                                                             |
| 9                                                                | HDFC ERGO General Insurance Co.Ltd.                                                          | 18.93                                                            | 22.82                                                            | 23.47                                                            | 36.54                                                            |
| 10                                                               | ICICI LOMBARD General Insurance Co. Ltd.                                                     | 126.09                                                           | 222.01                                                           | 270.02                                                           | 368.67                                                           |
| 11                                                               | IFFCO TOKIO General Insurance Co. Ltd.                                                       | 25.25                                                            | 28.87                                                            | 26.44                                                            | 27.13                                                            |
| 12                                                               | Kotak Mahindra General Insurance Co. Ltd.                                                    | 0.03                                                             | 0.07                                                             | 0.10                                                             | 0.10                                                             |
| 13                                                               | Liberty General Insurance Ltd.                                                               | 0.43                                                             | 1.16                                                             | 1.29                                                             | 2.86                                                             |
| 14                                                               | Magma HDI General Insurance Co. Ltd.                                                         | 1.22                                                             | 2.83                                                             | 2.38                                                             | 3.02                                                             |
| 15                                                               | Raheja QBE General Insurance Co. Ltd.                                                        | 0.14                                                             | 0.52                                                             | 1.15                                                             | 0.00                                                             |
| 16                                                               | Reliance General Insurance Co.Ltd                                                            | 74.46                                                            | 72.47                                                            | 86.57                                                            | 101.59                                                           |
| 17                                                               | Royal Sundaram General Insurance Co. Ltd.                                                    | 11.18                                                            | 5.64                                                             | 6.63                                                             | 7.68                                                             |
| 18                                                               | SBI General Insurance Co. Ltd.                                                               | 3.87                                                             | 5.38                                                             | 5.48                                                             | 8.16                                                             |
| 19                                                               | Shriram General Insurance Co. Ltd.                                                           | 20.59                                                            | 23.25                                                            | 23.50                                                            | 28.24                                                            |
| 20                                                               | Tata AIG General Insurance Co. Ltd.                                                          | 24.19                                                            | 26.25                                                            | 30.18                                                            | 33.06                                                            |
| 21                                                               | Universal Sompo General Insurance Co. Ltd.                                                   | 3.43                                                             | 3.90                                                             | 3.57                                                             | 10.23                                                            |
| 22                                                               | Aditya Birla Health Insurance Co. Ltd.                                                       | 0.00                                                             | 0.10                                                             | 0.10                                                             | 0.07                                                             |
| 23                                                               | HDFC ERGO Health Insurance Limited (Formerly Apollo Munich Health Insurance Company Limited) | 0.00                                                             | 0.00                                                             | 3.41                                                             | 0.00                                                             |
| 24                                                               | Manipal Cigna Health Insurance Company Limited                                               | 0.42                                                             | 0.97                                                             | 0.98                                                             | 1.16                                                             |
| 25                                                               | Max Bupa Health Insurance Co. Ltd                                                            | 1.36                                                             | 1.07                                                             | 1.70                                                             | 2.01                                                             |
| 26                                                               | Care Health Insurance Ltd (formerly known as Religare Health Insurance Co. Ltd.)             | 1.44                                                             | 1.94                                                             | 2.16                                                             | 2.33                                                             |
| 27                                                               | Star Health &Allied Insurance Co.Ltd.                                                        | 0.35                                                             | 6.76                                                             | 7.84                                                             | 10.48                                                            |
| 28                                                               | Apollo Munich Health Insurance Co. Ltd.*                                                     | 2.65                                                             | 2.78                                                             |                                                                  |                                                                  |
|                                                                  | Total                                                                                        | 363.24                                                           | 479.97                                                           | 551.04                                                           | 696.83                                                           |
| Public Insurer                                                   | Public Insurer                                                                               |                                                                  |                                                                  |                                                                  |                                                                  |
| 29                                                               | National Insurance Co. Ltd.                                                                  | 84.01                                                            | 118.06                                                           | 102.33                                                           | 104.13                                                           |
| 30                                                               | The New India Assurance Co. Ltd                                                              | 116.95                                                           | 158.99                                                           | 212.93                                                           | 241.61                                                           |
| 31                                                               | The Oriental Insurance Co. Ltd.                                                              | 73.07                                                            | 83.43                                                            | 104.57                                                           | 115.00                                                           |
| 32                                                               | United India Insurance Co. Ltd.                                                              | 167.11                                                           | 170.56                                                           | 179.97                                                           | 196.18                                                           |
|                                                                  | Total                                                                                        | 441.14                                                           | 531.04                                                           | 599.80                                                           | 656.92                                                           |
| Specialised Insurer                                              | Specialised Insurer                                                                          |                                                                  |                                                                  |                                                                  |                                                                  |
| 33                                                               | Agriculture Insurance Company of India Ltd.                                                  | 41.57                                                            | 114.99                                                           | 64.97                                                            | 59.29                                                            |
| 34                                                               | ECGC Ltd.                                                                                    | 1.59                                                             | 1.66                                                             | 1.83                                                             | 1.84                                                             |
|                                                                  | Total                                                                                        | 43.16                                                            | 116.65                                                           | 66.80                                                            | 61.13                                                            |
|                                                                  | Grand Total                                                                                  | 847.54                                                           | 1127.66                                                          | 1217.64                                                          | 1414.88                                                          |