A volcano is a geographic feature that often resembles a mountain though the two are not the same.
What is differnce between doormat mat and inactive in icici.
This is a measure to safeguard your interest as it is possible that you may not be monitoring.
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The restrictions on inactive dormant account vary from bank to bank.
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A dormant account is an account wherein there has been no financial activity for a long period of time other than the posting of interest.
Priyanka parashar mint difference between inactive and dormant savings bank accounts 2 min read.
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Difference between these two.
While some banks impose restrictions on net banking phone banking and atm transactions others may even restrict cheque.
If you do not do any transactions through your savings account for more than 12 months the account will be classified as inactive.
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Mount etna in sicily italy is an example of an active volcano.
If you do not do any transactions through your savings account for more than 24 months the account will be classified as dormant.
Thereafter if such account continues to remain inactive for.
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Check out this post to know what these terms are and how are they different from one another.
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Currently the demat account has to be opened with icici bank ltd as the depository participant dp and the bank account has to be opened with icici bank ltd.
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Explain the difference between inactive account and dormant account.
Difference between an active dormant and extinct volcano.
Inactive as in sleep.
Volcanoes differ from mountains in that they contain an opening to.
Banks now lay a major emphasis on the credit history of a loan applicant.
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The lecturer s sudden shout woke the dormant audience.
If your current savings account does not witness any transaction over a period of 12 months it gets classified as inactive account.
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When is a trading account termed as inactive dormant.
Dormant definition lying asleep or as if asleep.