#dormant-account
When does RBI classify a bank account as dormant? Here's what rules for reactivation and unclaimed money say
A dormant or inoperative account is not a lost account. Whether the account has been unused for two years or the deposit has remained unclaimed for a decade, RBI's framework provides a route for the rightful account holder or beneficiary to recover the money.
Can you still claim money from a dormant bank account? RBI says yes — here's how
Forgotten savings still belong to you. Dormant bank account rules in India explain how to recover unclaimed deposits from the RBI’s DEAF fund with simple verification and KYC steps. Understand the rules, build knowledge and take steps to reclaim your funds.&n…