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Current account inactive for yrs and now it is in negative what to do
04-Feb-2023 (In Recovery Law)
I opened a current account in IDBI Bank in 2012. My account was inactive since 2015. Now i have received a statement from the bank that my balance is in negative 16,000. what can i do?
You have opened Bank account in 2012 and was inactive since 2015. How many transactions you have made in your account? When your account in dormant mode than bank will not charge anything. Ask your bank to reverse the negative balance in your account. Give the application for the discontinue of Bank account. Wait for the response from the bank.
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