How can I reactivate my Union Bank account online?
Help Center
Union Bank Of India provides a facility to reactivate a Dormant Account from any of the following ways:
Can we reactivate dormant account online?
To activate an account that has not been operated for more than two years and has become dormant, you need to visit your branch in person.
Your account becomes inactive if you do not make any transactions in the account for 18 months. In that case you may write to the Bank stating the reason why the account has been inactive. However if you still do not make any transactions in the account for another 06 months then your account will become dormant.
Can account be reactivated?
The account owner can request the bank to reactivate a dormant account. First, the bank would ask them to present several documents, including account number, identification, and other proofs. Then, the person usually has to do some transactions to ensure that the account is reactivated.
Most banks, none-the-less, will have following steps:
How long does it take for a bank account to be reactivated?
within 24 hours
Navigate to the bank's official website. Click on the 'login' or 'register button. Enter the account number, registered mobile number, branch code, CIF number, and any other information required, then click the 'submit button. Then, enter the OTP from the registered mobile number to complete the verification.17-Aug-2022
Can you reactivate a Cancelled bank account?
In a word, yes, a closed bank account can be reopened. It, however, largely depends on why the bank closed the account in the first place as well as the bank's policies. A bank can close an account for any number of reasons, including dormancy and potentially fraudulent activity.24-Feb-2022
As per RBI's guidelines, if no transactions happen in a bank account for a period of 2 years or more, the account can be declared inoperative by the respective bank.19-Aug-2021
Is there any penalty for dormant account?
The account holder will have to pay charges – which could be high – and he will not be able to put through any transaction through ATM, Internet banking or Phone banking as the bank would deactivate such services in the interests of the bank and the account holder. Does a bank levy a charge on a dormant account? Yes.
An account is also made dormant if the account holder doesn't withdraw any funds for 24 months. However, dormant accounts are free of statute limitations. This means the beneficiary may withdraw funds at any time. These guidelines are laid by the RBI.31-Oct-2022
How long can an account be inactive?
That varies depending on the type of account and what state it's in. For instance, checking, savings and brokerage accounts are considered dormant in Delaware after three years of no activity. In California, it's five years. In some states, it's as little as 12 months and in others it can be 15 years.02-Dec-2021
Reactivation reverses the account closure process and changes the account status to Active, which means that you can use the account for banking transactions. You cannot reactivate an account on the account closure date.
Can you reactivate an account after 30 days?
Users have 30 days to log in to reactivate a previously deactivated account. If it has been more than 30 days since you deactivated, you will not be able to reactivate your account.
Yes, you may revive your old number if it was deactivated for justifiable reasons by simply giving the required information and filing for number ownership. If the number is still available, your service provider will reactivate it for you.14-Aug-2022
What happens if bank account is not used for long time?
(iv) A savings as well as current account should be treated as inoperative / dormant if there are no transactions in the account for over a period of two years. The accounts which have not been operated upon over a period of two years should be segregated and maintained in separate ledgers.
You can activate mobile banking by simply downloading and logging into the bank's app. Log in using your net banking credentials or create your login ID and password with your debit card. After you log in, you can enable Touch ID and change PINs per your preference.01-Feb-2022
How do I know if my account is active or not?
There are a few ways to check the bank account active status including:
Step 1: Head to your WhatsApp account and click on the Payments option. Step 2: Next, click on the 'Add payment method' option. Step 3: Select the bank from the list. Step 4: Next, enter your bank account details, including account number, name, and more.20-Jun-2022
How can I activate mobile banking without visiting branch?
Under Mobile Banking, choose the option 'Registration', enter your mobile number and choose „Yes‟. When the number is displayed again over the ATM screen, choose „confirm‟ and collect the transaction slip confirming the registration. You will receive a SMS regarding activation of your account.
How can I reactivate my Union Bank account online?