Business / Ignoring this message will attract a fine of Rs 1000, the bank account may be closed

New Delhi: In the Corona era, everyone's focus is on saving expenses along with increasing their income. In such a situation, it is necessary to bring every update on the news related to the banking sector to you. In this regard, let us tell you that some banks are giving special offers to senior citizens. At the same time, the most important news is that if you have not yet linked your PAN card and Aadhar card, then get it done immediately. That is because if you miss it, then you can be fined one thousand rupees in difficult times.

Last warning to account holders!

Actually, the Income Tax Department has fixed 30 June 2021 as the last date for linking PAN card with Aadhaar card. If you do not do this by June 30, then your PAN card will become inactive. Apart from this, you will have to pay a fine of Rs 1000 under the Income Tax Act.

'SOS message from SBI'

State Bank of India (SBI) has issued a notice for its customers. The bank has informed the account holders to link their PAN-Aadhaar card by the end of this month i.e. by June 30.

State Bank of India has also said that if the prescribed rules are not followed, the ongoing services of the customers will also be affected. The bank has informed its customers that if they fail to link their PAN card with Aadhaar, it will be deactivated or deactivated. The bank has given this information on its official Twitter handle TheOfficialSBI. The bank has asked its customers to link their PAN card with Aadhaar number to avoid any inconvenience and enjoy uninterrupted banking services.

Big news from the banking sector

Talking about another big news from banks, its duration is also 30 June. In fact, SBI, HDFC Bank, ICICI Bank and Bank of Baroda were offering special FDs to senior citizens, which is now going to close on June 30, 2021. Actually, these banks had brought a special offer for the elderly in May 2020 last year.

Under this, an additional interest of up to 0.50 per cent was offered to senior citizens in FDs with selected maturity period over and above the applicable interest rate. The validity of this offer was 31 March which was extended to 30 June 2021. That is, now they have only three weeks left to take advantage of this advantage.

so much profit in these banks

At present, common citizens get 5.4% interest in SBI for a period of 5 years. But if a senior citizen takes FD under the special FD scheme, he will get 6.20% interest. Whereas HDFC Bank introduced Senior Citizen Care. The bank gives 0.75% more interest on these. If a senior citizen takes a Fixed Deposit (FD) under its Senior Citizen Care FD, the applicable interest rate will be 6.25%.