The Pradhan Mantri Jan Dhan Yojana (PMJDY), India’s flagship financial inclusion scheme, has transformed banking for millions. But now, account holders face an urgent requirement: update your KYC (Know Your Customer) details before september 30, 2025, or risk account closure. Here’s everything you need to know in a quick, easy-to-read list.
1. Why KYC Update Is Compulsory
- RBI mandates that all bank accounts must undergo KYC updates every 10 years.
- It helps banks verify account details, remove inactive accounts, and prevent fraudulent activities.
- Accounts older than 10 years under PMJDY must comply to stay active.
2. What Happens If You Don’t Update?
- Your Jan Dhan account may be frozen or even permanently closed.
- Government benefits like PM Kisan, pension schemes, and subsidies may stop being credited.
- Once closed, you may have to go through a lengthy process to reopen or claim funds.
3. When Is the Deadline?
- The final date for KYC update is September 30, 2025.
- Banks have already begun facilitating the process through special KYC camps (July 1 – september 30).
4. Where Can You Complete the KYC Update?
- Bank Branches – Visit your home branch directly with required documents.
- Special KYC Camps – Set up at panchayat levels for rural and semi-urban areas to avoid crowding at branches.
5. Documents Required for KYC Update
- Aadhaar Card – Mandatory for identity verification.
- Address Proof – Ration Card, Voter ID, Passport, or Utility Bills.
- Supporting Documents – PAN card or other ID if required by the bank.
6. Why It’s Important to Keep Jan Dhan Account Active
- Ensures direct benefit transfers (DBT) from government schemes reach beneficiaries on time.
- Provides access to insurance coverage, overdraft facility, and financial aid programs.
- Helps maintain a verified and secure banking system for all.
7. PM Modi on Jan Dhan’s 11-Year Milestone
- PM Modi celebrated the 11th anniversary of PMJDY, calling it a game-changer for financial inclusion.
- Bank accounts under this scheme have increased from 14.7 crore in 2014 to 56 crore in 2025.
- He urged all account holders to update their KYC details to continue enjoying seamless banking benefits.
Final Word
If you are a Jan Dhan account holder, don’t wait until the last minute. Visit the nearest KYC camp or bank branch with your documents and update your account before September 30, 2025. A simple step today will ensure uninterrupted access to government schemes tomorrow.
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