Awareness on unclaimed funds / financial literacy programme held at Makhan Centre : 08th dec25 ~ E-Pao! Headlines

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Awareness on unclaimed funds / financial literacy programme held at Makhan Centre
Source: The Sangai Express

Senapati, December 07 2025: The Lead Bank Office of State Bank India (SBI), in collaboration with Reserve Bank of India, organised a District-Level Awareness and Assistance Camp on Depositor Education and Awareness (DEA) Fund cum Field-Level Financial Literacy Programme at Makhan Centre Community Hall, Senapati, on December 5, 2025 .

The initiative aimed to raise public awareness on unclaimed deposits/funds lying with banks, insurance companies and promote financial inclusion and literacy.

More than 200 participants, including SHG members from five villages - Makhan Khullen, Makhan Khuman, Makhan Centre, Makhan Lovadziingho and New Makhan, attended the programme.

Officials from public sector banks and their banking correspondents, Government departments, LIC and the Centre for Financial Literacy (CFL) of Tadubi and Purul blocks were also present.

The programme, moderated by Pikuo Chalai, Branch Manager, SBI, Maram, began with a welcome address by Nenia Florence, Lead District Manager, who highlighted the background and benefits of prompt settlement of unclaimed deposits.

RBI Deputy General Manager, Chamailo M Samuel, spoke on RBI's initiatives on financial inclusion, status of unclaimed bank deposits in the state, and utility of Udgam Portal, an online portal which enables registered users to search unclaimed deposits across multiple banks on a single platform.

He also underscored the significance of collaborative efforts by all stakeholders in furthering the cause of financial inclusion and financial literacy.

Lokho Peter, Regional Manager, SBI, Imphal East region, explained the procedure for claiming unclaimed deposits and underscored the importance of credit relationship and timely loan repayment.

He also briefed participants on various schemes for vendors and the RSETI training facilities for unemployed youth.

Kapeo Joseph, Assistant Divisional Manager, LIC, Imphal highlighted the status of unclaimed insurance funds in the district and stressed on the benefits of social security schemes such as PMJJBY, PMSBY and APY.

District Mission Manager of MSRLM, H Veisho, spoke on the role and benefits of SHGs, particularly in promoting savings habits.

DIC General Manager, Rita Misao, emphasised on the importance of Udyam registration and informed attendees about government initiatives, including subsidised loans for women entrepreneurs, Vendor Development Programme and the RAMP scheme.

District Agriculture Officer, LS Lavei James outlined various agriculture-related schemes for farmer entrepreneurs.

The camp facilitated on-the-spot submission of claims related to DEAF/unclaimed deposits, Re-KYC of bank accounts, enrollment in social security schemes and free UDYAM online registration.

A few utility items were also donated by RBI, Imphal to the five village authorities.

The programme concluded with a community lunch at the venue.

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