The Reserve Bank of India (RBI) has issued several instructions over a couple of years to make banking easier and more 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 RBI directed banks to deliver cash withdrawn from your account or call for a draft drawn in your account in case you are a senior citizen
In keeping with the RBI internet site, if you are over 70 years old, 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 It can even supply some money withdrawn from your account or demand a draft drawn in your account. Depending on their board-accepted policy, the financial institution may also rate you for the carrier. Still, banks have additionally been asked to offer 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 certificates to the financial institution from their home.