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Home How to activate Dormant Bank Account? Know the process of these banks 
Posted inBusiness

How to activate Dormant Bank Account? Know the process of these banks 

Img 20240723 101844by Sweta MitraDecember 5, 2024
Bank
Bank

India’s biggest bank The State Bank of India or SBI has launched a nationwide campaign to raise awareness about the importance of activating dormant accounts. A savings or current account is considered inoperative if the customer has not made any transactions in the account for more than two years. According to the Reserve Bank of India, you will not have to pay any charge for activating any inactive account. If your account has also been dormant, then let’s know how to activate the dormant account.

 

How to activate SBI account?

 

The customer must first take his latest KYC document to any branch of State Bank of India. There you will have to give a request to activate the account in the branch. Your account will be activated after the branch reviews your KYC documents. Customers will be informed about the activation of the account via SMS or email from the bank.

 

Here’s how to activate HDFC Bank account

 

If you are a customer of HDFC Bank, then you will have to go to the bank branch to activate the account. There you will have to give a written application, which you will also have to sign. Along with this, self-attested identity and address proof will also have to be given. After this, as soon as you make a transaction in your account, it will be activated again.

 

Here’s how to activate IDFC FIRST Bank customers

 

You will also have to visit the bank’s branch to activate the IDFC FIRST Bank account. By going there, you will have to fill out an application form to activate the account. If your account is a joint account, then the signature of all the account holders will be required. Along with this, documents related to your address proof, PAN card and proof of identity will have to be submitted like KYC. After this, you will have to make at least one financial transaction, after which the account will be restarted.

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Tagged: bank, Bank Rules, Dormant Account
Img 20240723 101844

Sweta Mitra

SwetaMitra@timesbull.com

Working in the media for last 7 years. The journey started in the year 2018. For the past few years, my working experience has been in Bengali media. Currently working at Timesbull.com. Here I write like... More by Sweta Mitra

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