Bank Account will inactive if you not do this before September 30
Existing customer accounts on October 1, 2023 will be suspended if they do not provide their Aadhaar numbers by September 30, 2023. Your bank account will inactive If you fail to link Aadhaar before September 30.
Financial activities should be done throughout the year. However, some mandatory work must be done within a specified period of time as per the instructions of the government and specific financial institutions. If not, your savings or savings accounts that keep your money safe can have the opposite effect.
Getting your own money may be difficult going forward. Even if money is there, it may not be used. Your savings may not come in handy in an emergency. You are in the month of September. There are only two weeks left for this month. We remind you that there are some financial deadlines towards the end of this month.
Aadhaar Linking to Small Savings Scheme:
Existing customer accounts on October 1, 2023 will be suspended if they do not provide their Aadhaar numbers by September 30, 2023. Holders of small savings schemes like Senior Citizen Savings Scheme (SCSS), Public Provident Fund (PPF), National Savings Certificate (NSC) or other post office schemes should provide their Aadhaar number to the post office or their bank branch by September 30.
What happens if you not link Aadhaar to Bank Account:
The accrued interest is not credited to the investor’s bank account.
Cannot deposit into PPF or Sukanya Samriddhi accounts.
Amount of PPF or Sukanya Samriddhi Accounts will not be available.
September 30 is last day to exchange Rs 2,000 note:
The Reserve Bank of India had given four months to depositors and exchangers to exchange the Rs 2000 notes. By September 30, 2023, the notes must be exchanged or deposited in a bank.
Also Read: Old Ration Card Holder Big Update Here: Government New Order
SBI WECARE Facility September 30 last date:
September 30, 2023 is the last date to invest in SBI WECARE Special Fixed Deposits for Senior Citizens. Only senior citizens are eligible for this scheme which offers higher FD interest rates. This plan offers an additional premium of 50 basis points (bps) over the card rate offered by the bank to the general public. Senior citizens get 7.50% interest under SBI WECARE scheme. This applies to both new deposits and renewals of existing deposits.
IDBI Amrita Mahotsava FD:
Under the 375-day Amrita Mahotsav FD scheme, the bank offers an interest rate of 7.10% to general citizens. For senior citizens, the bank offers 7.60%. In the 444 days scheme, the bank offers an interest rate of 7.15% to general citizens and 7.65% to senior citizens.
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