The Reserve Bank of India (RBI) has issued several instructions beyond a couple of years to make banking easier and convenient for senior residents. The significant financial institution has instructed banks to offer specific services to old clients and abled humans differently. RBI directed banks to deliver cash withdrawn from your account or call for a draft drawn in your account in case you are a senior citizen
As in keeping with the RBI internet site, if you are above 70 years, the bank will set up to have cash or cheque picked from your property towards receipt. It can even supply some money withdrawn from your account or demand a draft drawn in your account. The financial institution may also rate you for the carrier, depending on their Board accepted policy; but, banks have additionally been asked to offer sure other facilities to senior citizens free of price. Old citizen financial institution customers and, in another way, abled clients may even publish their KYC documents and Life Certificate to the financial institution from their home.