Here’s Why You Shouldn't Leave Your Savings Account Unused​

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What is a Dormant Savings Account?

A savings account is treated as dormant if there are no transactions in the account for over a period of two years.

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It could restrict fund access

Accessing your funds may become a challenge if the account is dormant. 

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A costly mistake 

10 years post a customer's last transaction, the account balance & interest is transferred to the RBI's Depositors' Education and Awareness Fund.

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Active use of savings accounts unlocks access to special benefits and rewards, giving you more from your savings. 

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Save and earn

An active savings account lets you earn steady interest on your balance and protects your earnings.

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At IDFC FIRST Bank you can enjoy monthly interest credits and earn high interest on your savings. Ready to earn #MoreFromYourBank?

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