The post office has implemented a new rule, under which post office accounts that have been inactive for 3 years will be closed i.e. frozen. In such a situation, if your account has also been closed, then let us know how you can activate your post office account.
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How to activate post office account
Post office offers various types of saving schemes to its customers, in which people can invest money and collect a good fund. To invest in these schemes, people first have to open their account in the post office. Now the post office has implemented a new rule, under which the post office account lying inactive for 3 years will be closed i.e. frozen. In such a situation, if you also have an account in the post office and your account is inactive for 3 years, then your account can also be closed now. Let’s know.
Which accounts will be closed
If you have invested in any scheme of the post office and your account has matured and despite maturity, you have neither closed nor extended that account for 3 years, then your account will be closed by the post office. This work will be done by the post office 2 times in 1 year and the accounts will be closed.
What will happen if the post office account is frozen?
If your post office account is frozen, then you will not be able to do any transaction from your account and will not be able to avail other facilities. Apart from this, you will not get the benefit of interest either. This new rule is applicable to all post office scheme accounts like NSC, SCSS, KVP, MIS, TD, RD.
How to activate post office account
To activate your frozen post office account, you have to go to your post office and here you have to fill form SB-7A along with all the KYC documents. You have to submit it in the post office.
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