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Home IPPB IPPB Active Account Conversion Procedure | Conversion of Inactive Account to Active Account process in IPPB

IPPB Active Account Conversion Procedure | Conversion of Inactive Account to Active Account process in IPPB

Wednesday, December 15, 2021 0

 CONVERSION OF INACTIVE ACCOUNT TO ACTIVE ACCOUNT All Saving/Current Accounts turn to Inactive Mode of Operation if there is no Customer induced transaction in the account for a period of 1 Year. If the Inactive mode of operation continues for 1 more year, then account turns into Dormant i.e. after 2 years from the date of no- customer induced transactions into the account. Following are the ways how an Inactive Account will turn into Active (Automatic and Manual Process):







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