WITHOUT 'CKYC VERIFICATION', 'BIOMETRIC AUTHENTICATION', 'MOBILE NO. REGISTRATION', 'PAN CARD ENTRY' AND MINIMUM BALANCE OF 1000 RUPEES, ALL SAVINGS ACCOUNT TO REMAIN IN 'FREEZED' MODE !!!

"With effect from 
1st April 2020, all 
ATM centers must have the 
option of CKYC VERIFICATION; 
where a customer has to enter the 
verification key which will be sent to 
customer's registered mobile number 
after biometric AUTHENTICATION.
Without PAN Card Number and 
mobile number of any customer 
above 18 years of age, the 
savings account will remain 
in 'FREEZED' CONDITION; 
ATM and chequebook to be provided to 
all customers in a savings account 
readykit and minimum balance in 
savings account must always remain 
1000 rupees in any SITUATION. 
Any jont savings account must not be 
opened where there is no blood 
relationship between 
the ACCOUNTHOLDERS; 
for temples, mosques, churches or 
gurudwaras; 'TRUSTS' to be created with 
'Any two jointly' operation among three 
operators or ACCOUNTHOLDERS. 
Automatically reject the loan proposal or 
close his/her CASA, RD, DDP accounts if 
he/she tries to force the branch officials 
to sanction loan by utilizing the local 
goons and political LEADERS; 
focus should be now to find out the cream 
customers of the bank who will really 
contribute to the profitability of the bank, 
and regard all 'nuisance value' customers as 
flies, mosquitoes and SPIDERS."- Arindam Sain