Have you ever tried to access your old savings account only to find it marked as “inoperative” or “dormant”? You're not alone! Many account holders face this issue after years of inactivity. The good news is that reactivation of inoperative bank accounts is a simple process once you understand the steps involved.
A bank account becomes inoperative when there have been no transactions—such as deposits, withdrawals, or fund transfers—for more than two years. This is done by banks to comply with RBI guidelines and to protect your account from unauthorized activity. However, if you wish to start using your account again, you can easily reactivate your inoperative bank account with proper documentation.
Here's how you can do it:
If your account has unclaimed deposits or funds, they might have been transferred to the Investor Education and Protection Fund (IEPF). In such cases, you'll need to recover them separately.
By staying proactive, you can ensure your funds remain safe and accessible. If you've recently reactivated your account, share your experience below—your story can help others facing the same issue with reactivation of inoperative bank accounts!
A bank account becomes inoperative when there have been no transactions—such as deposits, withdrawals, or fund transfers—for more than two years. This is done by banks to comply with RBI guidelines and to protect your account from unauthorized activity. However, if you wish to start using your account again, you can easily reactivate your inoperative bank account with proper documentation.
Here's how you can do it:
- Visit your home branch with valid ID proof (like Aadhaar or PAN).
- Submit a written request or reactivation form to the bank.
- Provide KYC documents if required for verification.
- Make a small transaction—a deposit or withdrawal—to make your account active again.
If your account has unclaimed deposits or funds, they might have been transferred to the Investor Education and Protection Fund (IEPF). In such cases, you'll need to recover them separately.
By staying proactive, you can ensure your funds remain safe and accessible. If you've recently reactivated your account, share your experience below—your story can help others facing the same issue with reactivation of inoperative bank accounts!