Can we activate inoperative account online or activate dormant bank account online sitting at home?
How to Activate inoperative account online?
To activate inoperative account online, you need to do these things. An account that has not been operated for more than two years and has become dormant, you need to visit your branch in person. Take photocopies and originals of address and identity proof with you.
You should submit a written application with your signature to activate dormant bank account. Submit self-attested proof of identity and address. You should do at least one transaction into account to keep the bank account operative.
Why bank accounts become inoperative or dormant bank account?
When you don’t transact through a bank account for more than 12 months, that account gets classified as an inactive account. If that particular account does not witness any transaction for another 12 months, it is further reclassified as dormant account.
Let us clear that you can not activate inoperative account online because banks need to make sure your presence and to verify legal owner of bank account. Activate inoperative account is possible through branch visit only.
difference between inoperative account and dormant account.
Inoperative account is 1 year old account and dormant account that is inoperative from last 2 years.
Activate inoperative account online is not possible, so reactivating your accounts is very simple. You can simply make a deposit or withdrawal transaction to reactivate your inactive bank account. To reactivate your dormant account, submit a written request for reactivation at your home branch. Remember that your bank cannot charge you for reactivating the account.