Three Types of Bank Accounts Set to Close from January 20, 2026 Under RBI Rules
Introduction The Reserve Bank of India (RBI) continues to tighten guidelines on account maintenance to improve banking efficiency, reduce operational costs for banks, and prevent misuse of dormant funds. Recent updates and viral alerts circulating in early 2026 highlight that certain long-inactive accounts face potential closure starting around mid-January 2026 (with dates varying slightly in reports between January 1, 10, or 20). While banks have long classified accounts as inactive or dormant, newer emphases on stricter monitoring mean three specific …