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April 19, 2026
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Your Bank Account May Freeze After January 1, Know What is the Reason and What to Do

theinformalnews4 years ago4 years ago04 mins

Your bank account and some other financial services may be frozen after January 1, 2022. In the new year, this blow can be given to customers for not submitting their ID and address proof documents. The reason is- Reserve Bank of India (RBI)’s moratorium on the action by banks against customers who do not comply with Know Your Customer (KYC)…

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