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Bank account suspended due to not updating KYC details? How to reactivate it - Vimarsana News

Bank account suspended due to not updating KYC details? How to reactivate it

Re-KYC is an periodic update on an individual's KYC status, which has to be conducted by every banks and other entities regulated by the Reserve Bank of India (RBI). However if re-KYC process is not followed with banks will suspend the bank account until the individual completes the re-KYC process.