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HomePersonal FinancePPF, NSC, SCSS Account holders alert! Do this work immediately otherwise account...

PPF, NSC, SCSS Account holders alert! Do this work immediately otherwise account will be frozen, order issued

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PPF, NSC, SCSS Account holders alert! It is necessary to Do this work with these accounts . A deadline of September 30, 2023 has been kept for this.


Aadhaar Linking with small savings schemes: If you have invested in savings schemes like Public Provident Fund (PPF), National Savings Certificate (NSC) and Senior Citizen Savings Scheme (SCSS), then your account may freeze. It is necessary to link your Aadhaar with these accounts. A deadline of September 30, 2023 has been set for this.

To invest in these schemes, you must have opened an account either in the post office or in the bank, in which case linking of Aadhaar with these accounts has been made mandatory. If your Aadhaar is not linked to these schemes by September 30, then your account will be frozen.

In fact, the Finance Ministry has made Aadhaar mandatory for investing in small savings schemes, in such a situation, linking with the accounts of those customers who have opened these accounts earlier is also mandatory, keeping this in mind the government has extended the deadline of 30th September. Has been kept. For this, the government had issued a notification on March 31, 2023.

What if linking is not done?

If you do not link your Aadhaar with these schemes, then the interest under these schemes will not be available in your account. Your account will be frozen, so that even the maturity amount will not be credited after maturity.

How to link?

You can link your Aadhaar with your investments both online and offline. To do it offline, you will have to go to the India Post Office or bank branch and from there fill the Aadhaar linking form and submit the necessary documents including the copy of Aadhaar. You can also get the same work done online through the post office website or bank website.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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