State Bank of India (SBI) on Saturday (May 1) issued a notification saying that all SBI account holders must update their account's KYC without delay, adding that failing to update the KYC account will lead to the freezing of their banking services. SBI posted a tweet on its official official Twitter handle and said that customers must update KYC by May 31 2021 to continue banking services without any hassle. The SBI said that the customers can update their KYC by visiting the home branch or their nearest branch. The bank said that the customers can send their documents related to KYC without visiting the bank. The SBI will then send a messasge to the customers on their phone when their KYC gets updated.

Source: dna May 03, 2021 03:00 UTC