Inactive Account: Any person in India can open any number of bank accounts as per his requirement. In such a situation, no limit has been fixed for opening savings, current or FD accounts.
In such a situation, many times people open more bank accounts than necessary and do not operate them later. In the event of no transaction in an account for a long time, it is deactivated.
Before deactivating the bank account, it informs the customers through messages or calls. If your account has also been deactivated, then you can get it activated again, but before doing so, know what kind of account has the rule of deactivation.
Generally, banks put those accounts in the category of inactive, in which no transaction has been done in the last two years. The deactivation period may be different for different banks. If you want to activate your inactive account, then you will have to complete your KYC by visiting the bank.
After completing the KYC process, you can withdraw the money deposited in the account. Along with this, you can also use net net banking, ATM or mobile banking. If you do not need the account then you can also close the account.
