Kotak started freezing account

Kotak started freezing account

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Deal Subedar
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Kotak gas started freezing the 811 accounts. While opening acc they mentioned with mini kyc account will be active for 1 year untill full kyc needs to be done. Now they started freezing account from today. Tricks to convert users to full kyc.

14 Comments  |  
5 Dimers
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Deal Newbie
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This is not a trick. it’s a RBI guideline. Min KYC is valid for 12 months only.

All wallets, banks etc will have to follow that policy.

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Deal Cadet
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What will happen to the balance in the blocked accounts?

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Deal Cadet
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Chikky wrote:

What will happen to the balance in the blocked accounts?

If you want to close the acc, they’ll transfer Bal to any of ur accs or issue a dd.

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Deal Subedar
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arunrush680 wrote:

If you want to close the acc, they’ll transfer Bal to any of ur accs or issue a dd.

They are not. They are saying visit branch with documents

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Deal Subedar
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nagra wrote:

This is not a trick. it’s a RBI guideline. Min KYC is valid for 12 months only.

All wallets, banks etc will have to follow that policy.

I opened Kotak account on August 2018. So how 1 year over

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Deal Newbie
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RockyBond wrote:

I opened Kotak account on August 2018. So how 1 year over

You didn’t mention the date in your comment. How much balance did you have in that account?

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Deal Subedar
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nagra wrote:

You didn’t mention the date in your comment. How much balance did you have in that account?

382 sleepy

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Tech Guru
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Mujhe to mere full KYC kotak 911 mein free credit card offer atey rahte hai , fir bhi main ne nahi liya
Kya hoga itte sare Credit cards ka

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Deal Subedar
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drupal wrote:

KYC kyun nahi karwaya tha

Because they mentioned mini kyc will work for 1 year

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Tech Guru
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RockyBond wrote:

Because they mentioned mini kyc will work for 1 year

Ab to KYC karwa lo Bhai Jo hua so hua

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Deal Subedar
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drupal wrote:

Ab to KYC karwa lo Bhai Jo hua so hua

Ab toh karna hi parega else paise gaye disappointed_relieved

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Tech Guru
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RockyBond wrote:

Ab toh karna hi parega else paise gaye disappointed_relieved

Karlo yaar aur mauj Karo tension mat lo

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