The Reserve Bank of India (RBI) has announced an extension of the re-KYC deadline for Pradhan Mantri Jan Dhan Yojana (PMJDY) account holders till September 30, 2025.
This step aims to prevent account freezes, especially for those in rural and low-income areas, and to ensure continued access to government benefits.
What is Re-KYC?
Re-KYC (Re-Know Your Customer) is the periodic update of customer identification documents. It ensures that the bank has the latest and correct information of the account holder.
What Documents Are Needed?
To complete re-KYC, Jan Dhan account holders must submit:
✅ Aadhaar card (preferred)
✅ Voter ID, Driving License, or Passport (optional)
✅ Recent passport-size photograph
✅ Any proof of address (if changed)
How Can You Update Re-KYC?
| Method | Details |
|---|---|
| 🏦 Bank Branch | Visit with original documents |
| 📲 Mobile App | For banks that offer digital KYC update |
| 🧑💻 Bank Mitras | Common in rural areas for doorstep verification |
| 📩 SMS / Email | Some banks may accept soft copies temporarily |
Note: Banks cannot freeze accounts before September 30 due to re-KYC delays.
Why Is This Important?
Prevents account deactivation
Ensures access to direct benefit transfers (DBT)
Needed for continued ATM usage and mobile banking
Helps the government keep updated beneficiary records
RBI’s Official Statement
“No Jan Dhan account will be frozen for non-KYC till 30th September 2025. Banks are advised to adopt customer-friendly practices and ensure wide outreach.”
What Happens After the Deadline?
After September 30, non-KYC compliant accounts may face restrictions such as:
⚠️ Withdrawal limits
❌ Inability to receive subsidies
❌ Mobile and UPI services disabled
🛑 Account freeze (temporary until KYC is updated)
FAQs
Q1: What if my address has not changed?
You still need to confirm it by submitting the same valid ID with your current address.
Q2: Will I lose my account if I miss the deadline?
No, but your account may be temporarily restricted until KYC is completed.
Q3: Can I do this online?
Some banks offer digital re-KYC for Aadhaar-linked accounts. Check with your bank.
Q4: Is this only for Jan Dhan accounts?
This RBI update applies primarily to PMJDY accounts, but re-KYC applies to all bank customers over time.
Q5: Is there any fee for re-KYC?
No. KYC updates are free of charge for account holders.
Published on : 6th August
Published by : SMITA
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