If you haven’t used your bank account for a long time, the bank may close it.
Many people believe that once an account is closed, their money is gone forever.
But this is not true.
When an account becomes dormant or inactive, the bank only freezes the funds for safety.
Your money remains safe, and you can get it back easily by following a simple process.
When Does a Bank Declare an Account Dormant?
As per RBI rules, if there are no transactions in a savings or current account for two years, the bank marks it as dormant.
This is done to prevent misuse or fraud.
Your money still earns interest, and the bank does not charge any fee for reactivating the account.
How to Withdraw Money from a Dormant Account
To get your account reactivated and withdraw your funds, follow these steps:
Visit your bank branch.
Submit a written application requesting reactivation of your account.
Provide identity proof such as Aadhaar, PAN, or Voter ID, along with account details.
The bank verifies your documents and reactivates the account.
Once active, you can withdraw money through the ATM, internet banking, or over the counter.
If your account has been inactive for many years, the bank may ask for additional verification.
After reactivation, make small transactions regularly to prevent it from becoming dormant again.
Final Thoughts
Withdrawing money from a dormant account is not difficult.
It’s simply a security formality.
Banks freeze inactive accounts to protect customers, not to take their money.
So if your account is closed, don’t worry—just visit the branch, apply for reactivation, and your money will be accessible within a few days.
