RBI: If this work is not done then your bank account will be suspended, know these rules


In today's time, almost every adult person in the country must have a bank account. Many people have multiple accounts in different banks. Many people are not able to maintain these accounts properly. Bank rules keep getting updated by RBI.

A large number of customers do not even pay attention to them. Recently, a guideline was issued by the Reserve Bank of India, under which your account can be suspended if the KYC of the account is not done.

According to reports, RBI has made KYC of bank accounts mandatory.

According to the Reserve Bank of India, if a customer does not provide his PAN or Form 16, his account will be suspended. Information in this regard will be given to you by the bank. For this reason, you must also get KYC done.

PC: moneycontrol