In the new year, these 3 government banks will be closed, if you have an account then do this work quickly
The existence of three government banks in the list of India's oldest banks will end in the new year completely. In this case, the people who have accounts in these banks will have to face some difficulties. We are talking about Bank of Baroda, Dena Bank and Vijaya Bank. Indeed, the Finance Ministry has approved the merger of all the three banks. The merger of these three banks will create a new bank. You will have to open an account again You may have to face more trouble after the approval by the Finance Ministry.
If your account is in Bank of Baroda, Dena Bank and Vijaya Bank, you will have to open your own account again. To open an account you will have to complete the KYCIC process again. Then you will get a new checkbook, ATM card and passbook. Not only for customers, but also after the merger, the bank will also suffer more. The bank's paperwork will increase.
What will happen to your credit?
The bank which will come into existence after the merger of these three banks, is the country's third largest bank after SBI and ICICI Bank. The deposit amount for the customers of three banks will be fully protected. The five major banks in the country are SBI, HDFC Bank, ICICI Bank, Punjab National Bank and Bank of Baroda. In these banks SBI has merged associate banks and Indian women banks.
Important link:
●To More Read:Click here
The existence of three government banks in the list of India's oldest banks will end in the new year completely. In this case, the people who have accounts in these banks will have to face some difficulties. We are talking about Bank of Baroda, Dena Bank and Vijaya Bank. Indeed, the Finance Ministry has approved the merger of all the three banks. The merger of these three banks will create a new bank. You will have to open an account again You may have to face more trouble after the approval by the Finance Ministry.
If your account is in Bank of Baroda, Dena Bank and Vijaya Bank, you will have to open your own account again. To open an account you will have to complete the KYCIC process again. Then you will get a new checkbook, ATM card and passbook. Not only for customers, but also after the merger, the bank will also suffer more. The bank's paperwork will increase.
What will happen to your credit?
The bank which will come into existence after the merger of these three banks, is the country's third largest bank after SBI and ICICI Bank. The deposit amount for the customers of three banks will be fully protected. The five major banks in the country are SBI, HDFC Bank, ICICI Bank, Punjab National Bank and Bank of Baroda. In these banks SBI has merged associate banks and Indian women banks.
Important link:
●To More Read:Click here
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