When does a bank account go dormant? You can reactivate it at no cost - here's how

A dormant bank account becomes inactive if there are no customer-initiated transactions for more than two years. Reactivating the account is a simplified process that involves re-submitting identification documents. Unclaimed deposits are transferred to the Depositor Education & Awareness Fund overseen by the RBI. https://ift.tt/ESeHjIu