Money Withdrew – It’s now easier to withdraw money stuck in an old bank account. An account becomes inactive or dormant if there are no transactions for two years or more, but the customer or their legal heirs can claim the money at any time.
The Reserve Bank of India (RBI) is conducting a nationwide outreach program to make this process more transparent, with special camps for unclaimed assets being held in every district from October to December 2025. If an account has been inactive for a long time, the bank is required to transfer the balance to the RBI’s Depositor Education and Awareness (DEA) Fund. However, the original account holder or their legal heir can claim the money at any time, even if it has gone into the DEA Fund.
The withdrawal process is very simple. The account holder needs to visit any bank branch, even if it’s not their home branch. They need to fill out a form and submit their KYC documents (such as Aadhaar, passport, voter ID, or driving license). The bank will verify the documents and, upon completion, will refund the full amount, including interest.
According to these RBI regulations, banks cannot charge account holders any penalty or fee for activating dormant accounts or withdrawing stuck funds. Therefore, customers can rest assured that they have the full right to recover both the balance and the interest earned on their accounts.
Under the new rules, banks clearly provide customers with information about their account status and unclaimed deposits on their websites and in their branches. Therefore, if you have money stuck in an old bank account, feel free to visit the bank, obtain the necessary documents, complete the process, and get your hard-earned money back.