Bank account to remain operational even if KYC not updated till Dec 31; SBI to accept documents on email

As a bank account holder if you have been facing difficulties with KYC updation, there is a piece of good news for you. The RBI has asked banks not to freeze the bank accounts till December 31, 2021, if the KYC has not been updated. Further, in relief for the State Bank of India (SBI) account holders, the bank has allowed account holders to send the KYC documents even by post or through registered email for updation of their account.
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