Did you know that your Aadhaar can empty your bank account? | Now your inactive bank account will be costly.

Your Aadhaar can empty your bank account: 

The increasing use of Aadhaar is also creating dangers associated with it. By stealing Aadhaar information, cybercriminals are making people the victims of fraud. That's why the government keeps warning people many times. Today we will know how people are becoming victims of these cybercriminals. We tell you about the warning given by the government.

UIDAI, the issuing body of Aadhaar, has warned people in a tweet, in which it has been told that do not to share your Aadhaar related OTP with any person by mistake. Also, without permitting link another mobile number with your Aadhaar. If any person asks you for Aadhar OTP in the name of KYC, then do not share with anyone.

If you do this, then your biometric information will be leaked and you will become a victim of fraud but how? Actually, on using an Aadhar card, an OTP comes on your registered mobile number. Through this OTP, cybercriminals can steal all your details. After this, the bank account can also be emptied through your Aadhaar, as your biometric information is also entered while opening the bank account.

That is, one small mistake and your bank account will be empty. Not only this, but criminals can also do illegal things through Aadhaar, which can create problems for you later. In such a situation, do not share the information of Aadhar with anyone without even thinking about it. Keep in mind that the Aadhar card is one of the most important documents of the country is one of In the year 2009, the then central government started the Aadhaar card scheme for every citizen in the country.

Since then the utility of Aadhaar has been increasing continuously. Nowadays Aadhaar is used everywhere as ID proof. Aadhar card can be used for everything from opening a donation account to availing government subsidies to buy the property or while traveling. That is, the use of Aadhaar has become necessary in almost every work of the country. Therefore, wherever you use Aadhaar, use it wisely.

Now your inactive bank account will be costly:

Nowadays most people have accounts in more than one bank. Sometimes we get to open accounts in more than one bank because of the benefits we get from the bank and sometimes we have to open salary accounts in a new bank without wanting to. In the end, we start having trouble managing all these accounts.

In such a situation, if you have not done any transaction in a bank account for more than 12 months, then the bank can declare it as a dormant account. On the other hand, if the user does not do any activity in his account for 24 months, then the bank will declare the account inactive. Even though we don't close accounts that get depleted over time.

This is the reason for many kinds of loss for us. Let us know about such reasons, after understanding which you will also understand yourself why we should close the unused bank account. If you feel that you are not using your bank account, then you do not mean anything with the account, then it is not so at all.

If your bank account is of no use then you should close it. Otherwise, it may have to be charged. A balance has to be maintained in bank accounts which range from ₹ 500 to ₹ 15,000. If the monthly average balance is not maintained, the bank can deduct money from the account according to its policy.

On the other hand, if there is no salary for three consecutive months in the salary account with zero balance, it is converted into a savings account, in which it is necessary to keep the balance like a normal savings account. Along with this, banks also charge some fees on their debit cards, these fees range from 100 to 1 thousand annually. Is. On the other hand, if you are misunderstanding that when you do not use the account, then what should you do?

So let us tell you, even if you do not use your account, you will still have to pay the debit card fee. At the same time, they also charge for sending SMS on the phone, which can be 30 rupees quarterly. Same as we told you in the beginning that if there is no transaction in your bank account for 12 consecutive months, then the bank will consider the account as an inactive account.

Banks do not forbid transactions in these accounts, but you cannot do net banking, ATM transactions, or mobile banking with any dormant accounts. If you do not close the same inactive accounts, you may also face problems while depositing tax. While filing income tax returns, we have to give information about all our bank accounts and due to not having many banks, it becomes very difficult to collect records of their statements.

We all used the net banking in large numbers in the country nowadays. Having an account in many banks is also not considered right from the point of view of security, because remembering the password of all these accounts is a very difficult task. By not using an inactive account, the chances of fraud increase with the account, because we do not change its password for a long time.

To avoid fraud, the account or net banking should be closed as inactive account. Having multiple bank accounts can also impact your investment. At this time, many private banks ask to keep a minimum balance of 10 thousand to 20 thousand rupees. If there are four such savings accounts, then 40 thousand to ₹ 80,000 will be blocked in maintaining the minimum balance, and somewhere it will affect our investment also.

 At the same time, while closing the bank account, you have to keep in mind the time. The special thing is that closure charges may have to be paid for closing the account during the period of 14 days to one year. At the same time, if your account is more than one year old, then you will not need to pay any kind of closure charge. Let us tell you, now you have understood what are the disadvantages of not closing the inactive account, then at the end we also know the process of closing the account.

Before closing the bank account, you should withdraw all the money from the bank. All the services will also have to be stopped in the inactive account. Now go to your bank branch and submit the delinking and closing form there. After some more process, the bank will close your inactive account permanently.

We hope you enjoyed the article with useful information about your Aadhaar card and inactive bank account. If you have any questions, please comment on our website www.tradeipohub.co.in. Thanks for reading.