Kyc required in bank account

A person maintained sb account kyc not updated bank account kyc compulsory.
question:
kyc not updated sb account stoped banker.
Replies (7)
Quick Summary
This discussion addresses whether KYC (Know Your Customer) is compulsory for bank accounts, even with regular transactions. It highlights that banks may stop account operations if KYC isn't updated, citing RBI guidelines. The consensus is that submitting KYC documents is essential to avoid account suspension, regardless of transaction frequency.

Submit kyc documents asap
If there are regular transactions no need to update kyc.
As account is stopped kyc should be submitted
Wrong if regular transactions are there rbi had not given any circular
But qureist told that account has been stopped
Bank has no right to stop the bank account. Its as per RBI GUIDELINES.
Much audo about nothing.

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