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Bank Accounts

Why is there a Debit Freeze on my account

The Reserve Bank of India (RBI) through its circular (Ref. no. DBR.AML.BC.48/14.01.01/2016-17) dated December 15, 2016 has informed all Banks to disallow debit transactions in accounts where PAN or Form 60 (in terms of Rule 114B of the Income Tax Rules) have not been provided.
In case your PAN or Form 60 (in terms of Rule 114B of the Income Tax Rules) have been provided to us by you, please reach out to us on our toll free numbers or send us an email by clicking on the email tab below.

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