Bank KYC Last Date: There are many accounts in which there has been no active transaction for one to five years. SMS is being sent to such people. It is worth noting that if the process is not completed on time, transactions from the account will not be possible.
Bank KYC Last Date: If you also have an account in many big banks like State Bank of India i.e. SBI, PNB i.e. Punjab National Bank, Bank of Baroda, and you have not yet done KYC, then be careful. Those who have not done transactions from their accounts for a long time and have not got their verification done, then your account may get frozen. An alert has been issued by all the banks.
Time given till 30th October
Banks have given time till October 30 to the account holders. After this, the accounts of those who have not done KYC will start getting blocked. Notices have also been pasted in bank branches. The bank has asked people to get KYC done to avoid any kind of problem and to contact the bank in case of any problem.
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Transactions won’t be possible
According to the information received, in the capital Raipur alone, around 1 lakh people have not got the verification done. Their account can also be blocked after 30th. According to the branches, there are many accounts in which there has been no active transaction for one to five years. SMS is being sent to such people. It is worth noting that if the process is not completed on time, transactions from the account will not be possible.
However, officials have said that, if the accounts are blocked or frozen, the account can be completely opened by immediately submitting a passport photo along with a photocopy of Aadhaar and PAN card. And the account can be opened within 24 hours of submission of documents.