Friday, October 13, 2017

Linking Bank Account with Aadhaar by December 31 – what happens if you don’t?

We all know that the government has set the deadline of 31st December to link all our bank accounts with the respective Aadhaar numbers and those accounts where this is not done within the deadline date, these accounts will cease to be operational.

Blocking of one’s account will obviously lead to huge inconvenience. Just imagine being in a situation, where your salary is not getting credited into your account or you cannot withdraw cash from ATMs or can’t even make an account transfer and more. Therefore, providing your aadhaar details to the bank to link it to your accounts is a must and must be done before the deadline to avoid all these troubles.

What happens if for some reason one forgot to link its account with Aadhaar?

No problem, after the deadline day, one can still provide the Aadhaar details to the bank for linking and the account will get reactivated but as of now there is no official information on how much time it will take for the banks to reactivate your account even though it’s a fairly simple process.

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