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What happens to a dormant Equity Bank account?

Inactivity/dormancy: After 6 months of inactivity, an account will be considered inactive. You will need to complete a Reactivation form with a proper ID to reactivate your account. After 2 years of account inactivity, the account is considered dormant.

How do I activate my Equity Bank account online?

Getting started with Equity Mobile App Download the Equity Mobile Application from Play store or App store. For active customers: Download the app & click register. ... For inactive or dormant customers: Download the app & click register. ... New to bank customers. Download the app & click register.

How long does it take to activate a dormant Equity Bank account?

Inactivity/dormancy: After 6 months of inactivity, an account will be considered inactive. You will need to complete a Reactivation form with a proper ID to reactivate your account. After 2 years of account inactivity, the account is considered dormant.

How much does it cost to activate dormant equity?

The Equity bank account activation form in Kenya is filled by addressing to the bank manager stating the request for activation and the reasons why the account was dormant. After filling the form, you will be required to pay Kshs. 220 over the counter for the Equity bank account to be activated.

How do I activate my dormant Equity Bank account?

How To Reactivate Dormant Equity Bank Account (Locally) In the event your Equity account falls dormant, you can reactivate it free of charge by visiting your nearest Equity branch with your national ID card and KRA pin certificate. NOTE: Reactivation can only be done at an equity branch and NOT agent.

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What happens to a dormant Equity Bank account?

Inactivity/dormancy: After 6 months of inactivity, an account will be considered inactive. You will need to complete a Reactivation form with a proper ID to reactivate your account. After 2 years of account inactivity, the account is considered dormant.

Can I reactivate dormant bank account online?

The process of reactivating your bank account is a hassle-free one: You must submit a written application to the bank. For joint accounts, signatures of all accountholders will be needed, irrespective of a single or joint operating mode. You will have to submit your KYC (Know Your Customer) documents.

How do I reactivate my Equity Bank account?

A branch or Agent visit is necessary for Equity bank account reactivation as; you`ll need to append your signature for the request. We invite you to the branch with your national ID card and a copy of KRA PIN certificate; our team at Customer care desk will assist you reactivate the account absolutely free of charge.

How do I get my money back from an inactive account?

To recover this fund, you need to contact your bank branch and fill out the requisite forms and provide your KYC documents. Your bank will contact the RBI to recover the funds. You can also revive your inoperative account by completing your KYC. As a habit, ensure that you operate your account regularly.

How do I activate my dormant equity account?

A branch or Agent visit is necessary for Equity bank account reactivation as; you`ll need to append your signature for the request. We invite you to the branch with your national ID card and a copy of KRA PIN certificate; our team at Customer care desk will assist you reactivate the account absolutely free of charge.

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