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Reactivation of Dormant Account: Process, Requirements, and Key Things to Know

The reactivation of dormant accounts is an important process that allows individuals and businesses to restore access to accounts that have been inactive for a long period. An account is usually classified as dormant when there are no transactions or customer-initiated activities for a specified duration, as defined by banks, financial institutions, or online platforms.

Reactivation of a dormant account typically requires identity verification to ensure security and prevent unauthorized access. Common requirements include valid identity proof, address proof, and completion of the Know Your Customer (KYC) formalities. In some cases, customers may need to submit a written request or visit a branch in person, while digital platforms may allow online reactivation.

Timely reactivation of a dormant account helps users regain access to funds, resume transactions, and avoid further restrictions or penalties. It also ensures compliance with regulatory guidelines and reduces the risk of accounts being classified as inoperative for extended periods.

To prevent accounts from becoming dormant, regular monitoring, periodic transactions, and updated contact details are recommended. Understanding the reactivation process enables users to act promptly and maintain uninterrupted access to their financial or service accounts.