Today's we tell you about what is inactive bank account. A bank account that has not been in use for some period then banks can label it as an inactive bank account. this account can happen because of no activity in your account for some time typically around one year. this varies from bank to bank and is not mandated by RBI. this is just to safeguard bank's customers that no any fraudulent activities t takes place in any one account just because the account holder one has gone abroad to a foreign country or has been transferred to another place so lost touch with one's bank account.
once if your bank declared is your bank account is inactive, certain limitations are placed on the customer account. e.g.cheque book may not be issued. To come out of inactive accounts one needs to typically carry out ATM or cheque transactions. In this cause you can contact your bank customer care department to know about the actual procedures.
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