Why Fi Account Freezed By the Side of Law of Enforcement
Unfreeze Procedure Fi Bank
Fi Account is the most established digital bank account in
India. Customers can create bank accounts through a digital online process.
However, last month, the government of India restricted the creation of digital
bank accounts.
Mostly, digital bank accounts are used for cyber crimes.
Hence, enforcement agencies started observing the creation of digital banks and
banning some finance institutions from creating Digital bank accounts for
customers.
Anyway, the Fi Accounts are Freezed, Credit Freezed and
Debit Freezed by various reason. Some accounts are not providing proper KYC and
occupation details, which will affect the customers' bank accounts.
The KYC issues can solve through bank procedure. The customers
completing the details of KYC and Further details bank lift the freeze.
In some cases the account freezing because of the cyber
crime registered under the cyber cell or any law authority. Also, as per the instruction
of cyber cell the lien amount is marking in the bank account involved in the
cyber crime. In this cases, the account holders can unfreeze the bank account
through court.
.JPG)
.JPG)