BY : BANKASSISTINDIA.COM

FINANCIAL DECEMBER DEADLINES 2023

ARE YOU AWARE...?

1. Free Aadhaar Update

BY : BANKASSISTINDIA.COM

LAST DATE : 14 DECEMBER 2023

– Update your Aadhaar details for free. – Upload Proof of Identity and Proof of Address on the myAadhaar portal. – Applicable charge for submission at an Aadhaar center: Rs 50.

2. Revised Bank Locker Agreement

BY : BANKASSISTINDIA.COM

LAST DATE : 31 DECEMBER 2023

– Banks must sign a revised agreement with safe deposit locker holders. – RBI extended the deadline for compliance until the end of December 2023. – Covers various aspects like customer due diligence, model locker agreements, and security.

3. MF, Demat Nomination

BY : BANKASSISTINDIA.COM

LAST DATE : 31 DECEMBER 2023

– Existing demat account holders and mutual fund unit holders must provide a choice of nomination. – Failure to nominate or opt out by the deadline will result in frozen folios/demat accounts.

4. Inactive UPI IDs

BY : BANKASSISTINDIA.COM

LAST DATE : 31 DECEMBER 2023

– NPCI instructs payment apps and banks to deactivate UPI IDs inactive for over one year. – Aims to prevent accidental money transfers to unintended recipients.

Investment Opportunities

BY : BANKASSISTINDIA.COM

LAST DATE : 31 DECEMBER 2023

a. SBI Amrit Kalash FD : Upto 7.6 % interest - 400 Days  b. IDBI Utsav FD : Offers up to 7.60% and 7.75% interest for 375 days and 444 days tenure, respectively. c. Indian Bank Special FDs :  – Offers up to 8% interest rates.