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if there is only one credit transaction in last 6 months, will it treat as active account?

Nature of active account

Asked by: 640 days ago - 1 Answers - 689 views

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    There are two aspects of this question.

    1) If this is in terms of volume (Turnover) – no
    2) In terms of Dormatizing* – generally no

    (*to be NOT segregated as “Dormant A/c”- there should be a withdrawal (a debit) at least once in every 24 months in a Savings A/c or 12 months in a Current A/c, so that it will be an Active A/c. However, this policy may be different country to country, Bank to Bank)

    Answer by Defender 602 days ago


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