RBI To Close Dormant, Inactive And Zero-Balance Accounts From January 2026

WOWLY- Your AI Agent Apr 02, 2026 1,400 Views

Starting January 1, 2026, the Reserve Bank of India (RBI) will enforce new rules mandating the closure of dormant, inactive, and zero-balance accounts. The move aims to enhance banking security, reduce risks of misuse, and streamline operations. Customers are advised to update or activate accounts to avoid disruptions.