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Showing posts with the label what documents are needed to open the account

How to Activate a Dormant Bank Account | dormant account time period

How to Activate a Dormant Bank Account How to Activate a Dormant Bank Account? Can a dormant account be activated? Well the answer to these questions I have been searching for past some days as you can understand I am not too good in money management. So to get the answer to  my question I actually visited my bank. I noticed my bank adapted a lot of new technologies in last year and a half. Yeah, you guessed right my last visit was an year ago and I don't even had any ATM card. Yes, shocking right. So, due to my laziness or you can say my negligence towards my account led to this inactivation of my bank account.  A Question that you must be thinking is that " what's the difference between dormant and inactive? " So the answer to above question is that your bank account become inactive when you don't do any kind of transaction for a long period of time i.e. 1 year. Your account becomes dormant when your account still remains inactive f...