If you have a bank account or use UPI, then you must know about this rule which is going to be implemented from April 1. Otherwise, your account or UPI ID will be closed.
Banking and UPI services Close: If you have a bank account or you use UPI, then it is very important for you to read this news. Because from next month the bank is going to make an important change. Actually, from April 1, the bank is closing the accounts of those users linked to UPI apps like Google Pay, PhonePe and Paytm whose mobile number has been inactive for a long time.
This is why banks are taking this decision
The National Payments Corporation of India (NPCI) has instructed banks and these apps to remove such numbers by March 31. The purpose of this change is to solve the problems caused by inactive or recycled mobile numbers. Inactive or recycled mobile numbers cause problems in transactions.
Let us tell you that if a number is not used for voice calls, SMS or data for 90 days, then it becomes inactive. Such numbers are again given to new users. In such a situation, when these numbers are linked to your bank and other financial services, it can cause problems.
The work of deleting such bank accounts will be done every week after April 1
Mobile number is necessary for any payment. If there is any problem with your number, the transaction may fail. Many users link multiple numbers to their bank accounts or UPI apps. In such a situation, if any of these numbers remains inactive for months, it will be deleted.
To prevent transaction-related issues, NPCI has mandated that banks and UPI apps update the list of deleted numbers every week. Any inactive or recycled number after April 1 will be removed from the bank’s system immediately. If you want to keep your bank account or UPI ID active, recharge it immediately.
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