To activate such accounts, you will have to write to the bank and get it active once again. It should take at least 2-3 businesses days for the entire procedure to be completed form when the letter is submitted to getting it reactivated.
Savings/current bank account where no transactions take place (except interest or charges) for a period of 24 months are called Dormant or Inoperative accounts. Your bank shall inform you 3 months before your account turns dormant.
Its quite common for us to open up a no. of bank accounts with different banks simultaneously. Some of these accounts are used quite less or we just forget using one of them which results in turning the same into inactive account firstly and further into a dormant account.
What to do if your account becomes dormant due to prolonged in-operation? How to reactivate your dormant account? For reactivating a dormant account, you need to visit your bank’s home branch with a written request.
You may be required to submit fresh KYC documents before getting your account active. After, that don’t forget to make a fresh deposit or withdrawal to your account to let it remain active.
Hi, thanks to clarify how to activate a dormant and inoperative account. On of my accounts got inactive and I was looking for ways to activate it now.
Actually, that was a prior salary account of my previous job that I forgot to close and it became inactive since no transactions were done. And, I got a new account opened for salary from new company. Thanks for sharing such useful information!
Yes, making a fresh deposit to your in-operative accounts turns it into an active account again. You can deposit a cheque of a nominal amount say Rs.500 only to re-activate your account.