At present, it has become very easy to open an account in any bank. That’s why many times people get bank accounts opened even when it is not very important.
In such a situation, nowadays everyone has accounts in many banks. Many people also use their different bank accounts regularly. On the other hand, some people are not able to manage multiple bank accounts simultaneously, due to which only one or two of their accounts are always active.
If you also have an account in many banks, then this news is for you. Actually, when you do not do any transaction with any of your bank account for a long time, then your account is declared inactive, which can be closed later by the bank.
Why does the bank account get closed?
If you do not do any transaction in any of your bank accounts for a few months, then it is declared inactive. At the same time, if you do not do any transaction for two years, your account is automatically closed by the bank. If you do not need any bank account, then you yourself can get it closed by applying to the bank. If you want to continue using it further, then you will have to continue regular transactions in it.
How to activate inactive account?
Many times when you leave one company and join another, your bank also changes often. Due to this, your old bank account becomes inactive due to non-transaction for a long time. To activate it again, you will have to go to the bank and complete the KYC process again. After this your bank account will be activated again and you will be able to use it for further transactions.
What to do if the home branch is away?
If you are unable to do transactions in any of your bank accounts just because your home branch is far away from home, then you can get it transferred to a branch near your home. For this, you have to apply for account transfer by visiting your previous home branch. After this your bank account will be transferred to the nearest branch and you will be able to continue the transaction easily.
