Does SBI account get inactive if not used for long time?

If you haven’t used your savings or current account for any transactions for over 1 year, the account becomes inactive.

How can I know my old SBI account is active?

Send SMS “BAL” to 09223766666 for Balance Enquiry Give a missed call or SMS “MSTMT” to 09223866666. Once you do this, you will get a mini statement with the few latest transactions information on your account listed. You can also SMS “BAL” to 09223866666 to get your up-to-date account balance information.

How long are bank accounts active?

INACTIVE AND DORMANT ACCOUNT If you have a current or a savings bank account and have not done any transactions through it for more than 12 months, then it will be classified as an inactive account. And if you don’t do any transactions from a bank account for 24 months, then it will be classified as dormant.

How long does it take for a bank account to be inactive?

Dormant vs. When an account has no transactions for 12 months, it is considered inactive. If there is no activity for 24 months, it is deemed dormant.

Does SBI account get deactivated?

HIGHLIGHTS. A bank account becomes dormant if it has not been used for two years. A dormant SBI account can become prone to fraudulent offences. SBI does not impose any fee to make the inoperative account operational.

How can I check if my bank account is active or not online?

You can go and search on the bank’s website whether your account has become inoperative. Banks maintain a record of all accounts that have become inoperative, and information about those accounts are available for easy search on their websites.

How do I know if my bank account is active or not online?

you can check that your account is in active or not by logging to into internet banking, by visiting bank branch ,can call directly to customer care and few particular respective bank apps.

How can I activate dormant in SBI?

You will have to write an application to make your dormant account active. Application should be addressed to the branch manager. You should request for the activation of the account and state the reason of not transacting since two years. Application should be signed by all the joint account holder.

How do I keep my SBI account active?

-Write an application to the bank: If you find out that your bank account has been inactive, then send a letter to your SBI bank manager requesting revalidation of the unserviceable account. You must also mention the reason as to why your bank account was dormant if the time period has exceeded two years.

How can I activate my inactive account in SBI?

How to know if your SBI account is active or inactive?

If you have been operating a current or savings bank account in SBI and you have not made any transactions through it for more than 12 months, you account will be considered as an inactive account. However, if you don’t make any transactions from your SBI account for more than 24 months, then the bank will consider it as a dormant account.

How long does it take for an SBI account to expire?

SBI account is declared inactive after 12 months of inactivity, which is any user induced transaction. Secondly, SBI customer care is the best location where you can get an answer to this question, not Quora. Because, SBI can tell your exact reason. Quorans will only speculate!

When a current account becomes inactive according to RBI?

According to RBI an Current or Saving accounts become inactive if there is no transaction by the customer for the past 12 months .Current account or Saving account becomes inoperative or dormant if there is no transaction by the customer for the past 24 months .

Why did my SBI account become dormant after 12 months?

Now if you already have a bank account in SBI and you are not using your SBI Bank Account from quite a long time, it might have got dormant. Usually the Bank Accounts which are not is use from a long time or the accounts in which no transactions are done are made inactive after a period of 12 months and made dormant after 24 months time.