A SBI costumer? Follow the steps to activate your inactive bank account

Inactive Bank Account Activation: The Reserve Bank of India has directed to restore the deactivated accounts across all banks. On December 2, RBI announced that the accounts of certain account holders have been closed because KYC was not completed and there were some basic deficiencies. Have them all activated at the earliest opportunity.

How to activate an inactive bank account?

Let us explain about the process for reactivating deactivated bank accounts. If your account is with HDFC Bank, IDFC First Bank, and SBI and has been deactivated, it can be reactivated using this method.

Activation of a HDFC bank account

As per the bank, clients may reactivate their inactive account by carrying out these steps. To begin with, you need to visit the bank branch and present an application that includes your signature. Subsequently, provide self-verified documentation of identity and residency. By completing this step, your account will become active, allowing you to initiate transactions.

Activation of an IDFC First Bank account

To initiate IDFC First Bank accounts, you must submit an application to the bank. You will need to provide your KYC documents, after which your account will be activated, and you won’t have to spend any money for this. As per RBI regulations, no bank is permitted to impose fees for account activation.

Activation of a SBI account

A person whose account has been deactivated can visit any SBI branch with up-to-date KYC documents. Subsequently, he will need to apply for account activation, following which the bank will verify the information and enable the account. The customer will receive information about this via SMS.