When Bank Account Becomes Inoperative

Bank account whether it is a saving or current account needs to be operated regularly by depositing pr withdrawing money from the account and if the customer doesn’t do that than his or her bank account would become inactive or inoperative. Different banks have different polices regarding this, in some banks the account would get inoperative if customer does not perform any transaction for 6 months while in some the period may be 1 year,15 months, 18 months or 2 years.

Customer continue to get interest on funds which are lying with the bank however he or she won’t be able to perform other important transactions like withdrawal through ATM card or renewal of ATM card in case it is lost or damaged, request for issue of new cheque book, application for change of address or change of signature, internet banking facility and so on.




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