Bank Account

Account Status Codes

A bank account isn't just "Open" or "Closed"—it can be Inactive or Dormant, which are automated safety locks triggered by your silence.

The 24-Month Rule: No customer-induced transaction for two years triggers "Dormancy," disabling your ability to withdraw cash or use UPI.

The Jan 2024 Update: Learn which automatic actions (like FD renewals) now count as "Customer Induced" under the latest RBI rules.

Watch this video to understand the "Account Status Ladder" and learn the ₹10 hack to keep your wealth accessible.