New trouble for bank account holders New rules have been implemented by the Reserve Bank of India for all bank account holders, whether SBI bank account holder or PNB bank account holder or any bank account holder, then new guidelines have been issued for all of them and new rules have been issued. If all of you have an account in any bank, then it has become very important to get this work done before 20 September.
Bank new rule implemented
New rules are implemented for all banks by the Reserve Bank of India and similarly, new rules have been implemented by RBI i.e. Reserve Bank of India for all banks like Nav SBI and Axis Bank, in which many different new tasks have been asked to be done. Bank account holders are not aware of all the rules, after which the bank account remains lying as it is after opening it, but according to the new rules of RBI, it is necessary for all account holders to get KYC done and it is mandatory for everyone to get this KYC done after 1 year.
If the bank account holders do not get KYC done, then the transaction process of their account along with the different account holder work is stopped and the bank account holders are then troubled. There are many bank account holders who are aware of all these rules but still do not get it done and let it remain as it is.
Bank account new rule
It can be a big problem for all those who have a bank account in any bank and are not getting it done. According to the rules of Reserve Bank of India, all account holders can keep only up to five lakh rupees in their account. After the cancellation of the bank account and the license of the bank, the customers will be refunded their amount only up to ₹ 5 lakh. If you keep more than this amount in your account, then according to the RBI rule, the bank will only give you a return of up to ₹ 5 lakh and those who are not getting KYC done can see this and this decision has been given to everyone that all the account holders should get their KYC done quickly so that there is no problem in the bank account.
