How to Withdraw Money: Reactivating a dormant bank account and withdrawing money from it has now become easy. This requires visiting a nearby bank branch and submitting your KYC documents, after which the account is verified and the money is returned along with interest.
Withdraw Money: It’s now easier to withdraw money stuck in an old bank account. If there are no transactions in an account for two years or more, it becomes inactive or dormant, but the customer or their legal heir can claim the money at any time.
The Reserve Bank of India (RBI) is conducting a nationwide outreach program to make this process more transparent, with special camps for unclaimed assets being organized in every district from October to December 2025. If an account has been inactive for a long time, the bank is required to transfer the balance to the RBI’s Depositor Education and Awareness (DEA) Fund. However, the original account holder or their legal heir can claim the money at any time, even if the money has been transferred to the DEA Fund.
The withdrawal process is very simple. The account holder must visit any bank branch, even if it’s not their home branch, fill out a form, and submit their KYC documents (such as Aadhaar, passport, voter ID, or driving license). The bank will verify the documents and after the verification is complete, the entire money will be returned along with interest.
According to these RBI regulations, banks cannot charge account holders any penalty or fee for activating dormant accounts or withdrawing stuck funds. Therefore, customers can rest assured that they have the full right to recover both the balance and the interest earned on their accounts.
Under the new rules, banks clearly provide customers with information about their account status and unclaimed deposits on their websites and in their branches. Therefore, if you have money stuck in an old bank account, feel free to visit the bank, obtain the necessary documents, complete the process, and get your hard-earned money back.
