Sarkari Yojana Form
PM Kisan Yojana: What is the meaning of A/C Blocked or Frozen? know what to do
PM Kisan a/c blocked or frozen: Have you also not received the money of PM Kisan Yojana yet? On checking beneficiary status “Transaction Failed Reason A/C Blocked or Frozen” message is showing. If so and you do not know what A/C Blocked or Frozen means, then you have come to the right place. In today’s article we will tell you PM Kisan Transaction Failed Reason A/C Blocked or Frozen We are going to provide detailed information about the scheme, after which you will be able to get the stopped money of PM Kisan scheme back in your bank account. Let’s go! What is the meaning and solution of this message? Also know: What is the meaning of FTO is Generated in PM Kisan Yojana?
What is A/C Blocked or Frozen Meaning of
Here is the meaning of A/C Blocked or Frozen: If the account holder has not done any transaction of any kind in his bank account for a long time, then in that case your Bank Account Freeze (Frozen) is done. After which it becomes difficult to put or withdraw money in that account. That is, you cannot do any kind of transaction in that account. In such a situation, you will have to go to the bank to unfreeze your account again, only after which you will be able to use your bank account.
Reasons of A/C Blocked or Frozen In Hindi:-
In India, Reserve Bank of India (RBI), Income Tax Department, Courts and Securities Exchange Board of India (SEBI) have the authority to freeze bank accounts. There can be many reasons for the block and freeze of the bank account, some of which you can see here.
- There should be no transaction of any kind in the account for a long time.
- In case of sudden excessive online purchases in the account carrying out normal transactions.
- For purchases made abroad with a debit card (the bank thinks that your account has been hacked).
- On sudden arrival of money from abroad.
- Due to financial fraud.
- If suspicious transactions start happening in the account, then the bank freezes your account for the sake of security.
- If you have your account KYC (KYC Update) has not been done or PAN card Even if you haven’t linked it, your account may get frozen.
Meaning of PM Kisan Yojana Status A/C Blocked or Frozen
If you are a beneficiary of PM Kisan Samman Nidhi Yojana and you beneficiary states ,1st , 2nd , 3rd ,4th , 5th, 6th, 7th, 8th, 9th or 10th Installation) on checking PM Kisan Transaction Failed Reason A/C Blocked or Frozen If the message is coming, it means that your bank account has been temporarily frozen or blocked by the bank due to suspicious activity or not being used for a long time. That is, now no transaction can be done in your account in any way.
What to do if the bank account gets frozen?
If the bank account gets frozen, then first of all you should go to your bank branch and get information from the concerned officer about the reason behind the account being frozen. If your account has been frozen due to non-transactions, non-KYC, PAN card linkage or suspicious transactions for a long time, then your account will be revived soon by submitting proper information. But if the account has been frozen by the Income Tax Department, Securities and Exchange Board of India (SEBI) or any court, then the bank management cannot do anything before the order comes from there.
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