What are the best ways to activate closed bank account?

Ajita Pathak
1 min readMar 20, 2022

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How to activate closed bank account? Due to non-transaction for a long time, your bank account may become inactive or may be closed. In this article, we tell how we can get the inactive or closed bank account activated again. How to activate your inactive/dormant account in SBI, PNB, ICICI Bank?. First of all, we will know the difference between inactive and closed bank accounts.

Difference between inactive account and closed account

Both savings accounts and current accounts can be put in a dormant or closed account category. The following is the difference between them-

Inactive account: If you have not done any transaction with your bank account in the last year, the bank puts it in the category of inactive account.

Inoperative/dormant account: If you have not done any transaction with your bank account for the last two years, the bank puts it in the category of dormant or dormant account.

What are the best ways to activate closed bank account?

The following facilities stop when the bank account is deactivated or closed-

Read More:

https://factsofaccounting.com/what-are-the-best-ways-to-activate-closed-bank-account/

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