The post office introduced a new rule, according to which post office accounts that have remained inactive for 3 years will be frozen. In this case, if your account has indeed been frozen, then let us see how you can activate your post office account. How to activate post office account The post office has various saving schemes where people can deposit funds and accumulate a considerable amount. To take advantage of these schemes, one has to open an account with the post office. Now the post office has introduced a new rule that post office accounts which are inactive for 3 years will be frozen. So, if you have a post office account and your account has been inactive for 3 years, your account will be frozen. Let’s find out.Which accounts are subject to closureIn the event that you have a post office scheme and it has matured and you have not closed or renewed it for 3 years, the post office will close the account. This will be done by the post office 2 times in a year and the accounts will be closed.What are the implications of a frozen accountIn the circumstance that you have a post office account and it has been frozen, you will not be able to perform transactions with your account and you will not be able to use other services. In addition, no interest will be accrued. This applies to all post office scheme accounts like NSC, SCSS, KVP, MIS, TD, RD.What are the procedures to activating a post office accountTo unfreeze a post office account, you will need to go to the local post office and fill out a form SB-7A and submit all KYC documents. This paperwork must be submitted to the post office.
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