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Dormant Account Meaning guidelines 🎯Method to re activated ♨️Everything about explain in English
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=N7iCLcGfMdE
#dormantaccountfunction • #dormantaccountguideline • #commerceindex • • ♨️Dormant Account♨️ • • 👉if you don’t do any transactions or debit from a bank account for 24 • months, then it will be classified as dormant. • 👉As per Reserve Bank of India guidelines, an account becomes • dormant if a customer does not initiate transactions such as withdrawal • of cash at a branch , payment by cheque, • transfer of funds through Internet banking, phone banking, or ATMs. • 👉Both debit and credit transactions are considered for re-classifying • accounts as inactive/dormant.
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