Good news. The central bank RBI has asked all the banks not to freeze the bank account of anyone till 31 December 2021 in case there is no KYC updte i.e. the worries of the bank account freezing due to not having the KYC update by the end of this year. happened.
Get KYC updates done at home
Apart from this, State Bank of India (SBI), the country’s largest bank, gave a big relief to the account holders for updating the KYC. SBI has approved updating KYC by sending documents to the account holders via post or registered e-mail. Now SBI account holders do not need to go to the bank branch to update KYC.
