What happens when you have a savings account with a balance of rs50000 and you have not used nor made any transaction on that account for 1 and a half year?

Answer 1

I usually deal in USD, but I can tell you that at least some of that money might be gone due to inactivity fees. If you have been checking on that amount consistenly then the money should be there with interest....

Be sure to check your terms and conditions for the account. It may be long and printed in tiny letters, but the fine print exists for a reason. Feel free to call your bank if you need a new copy. It's your money in there, so you have a right to know* if and when they take out money due to fees...

* sorry, this is the American concept. I apologize if this isn't how your bank operates.

Whatever is explained above is applicable to all countries. However, in India, if an account is not used (inactive) for this long, the account would have been marked DORMANT. You will not be allowed to make any transactions (both credit and debit). You need to visit your bank personally, prove to them that the account holder is alive and ask for the account to be revived. The bank will also charge you a fee for this.