If you have an account with Axis Bank that has turned inoperative or dormant. Then there is a way to get it back. In this guide, I will tell you how you can reactivate Axis Bank dormant account.
Banks turn the account inoperative when the account is inactive for a period of more than 24 months. (No credit or debit transaction for 24 months)
But then the question arises. Why do the banks do this? The answer to this question is to reduce the risk of fraud. In a nutshell, if I answer this question. It is to protect the interest of the account holder.
The bank officials are very sensitive to any transaction that takes place in the account. Proper checks are made by the bank before the transactions are settled.
Now let me answer the questions I get asked the most about the dormant accounts. And that is Can I activate a dormant account online? The answer is no you can not.
There is an offline process that you have to follow in order to reactivate your account. You have to submit an application letter to the bank. I have explained it all below.
The Process of Reactivating Axis Bank Dormant Account
Follow the steps explained below.
- Take a sheet of paper and start writing an application letter.
- The letter should be written to the branch manager of your Axis Bank’s home branch.
- Mention the subject of the letter as “Request to Reactivate Dormant Account.
- Now you have to mention your account number.
- You have to assure the bank that this won’t be repeated.
- Choose any one of your identity proof documents and get a clear photocopy of the same.
- Sign the application letter and the photocopy.
- Attach your application with the photocopy.
- Visit your Axis Bank home branch and submit the application letter.
Conclusion
While you are going to the branch of the bank. You should carry the original copy of the document with you. I also recommend you to take your passbook. For more details, you can call the customer care of Axis Bank on 1860 419 5555.