The last month of the year 2023 is about to start in December. In the last month of the year, there are many such tasks which you should complete at any cost because their deadline has been fixed in the month of December only. If you do not complete these tasks before the expiry of the deadline, you may incur huge losses. Know about them here.
If you have submitted the updated Bank Locker Agreement on or before December 31, 2022, you may need to sign and submit the updated Bank Locker Agreement once again. RBI has fixed December 31, 2023 as the last date for sequential implementation of the revised locker agreement.
NPCI (National Payment Corporation of India) issued a circular asking third party app providers and payment service providers to deactivate such UPI IDs, which have not done any transaction with their ID for a year. The UPI ID of such inactive customers will be deactivated by December 31. However, it has also been said by NPCI that such inactive accounts can be restarted but for this it is necessary to make at least one transaction. NPCI is a government organization that looks after the retail payment and settlement system in the country. NPCI regulates the UPI payment system.
If you invest in mutual funds and have not yet made a nominee, then you should complete this work before December 31, 2023, otherwise the mutual fund account will be frozen and you will not be able to redeem the investment. It is important for demat account holders to do this also. Despite having the facility to make a nominee, many people do not consider it so important and ignore it. Whereas it is very important to have a nominee to protect the family after you. Therefore, the deadline for this has been fixed as 31st December.
If you want to update your Aadhar card, you can get it done by 14th December. During this period, you will not have to pay any fees etc. for Aadhaar update. After this you will have to pay the charge. If you update offline, you will still have to pay the charge for it. Let us tell you that the government has said that if you also have a 10 year old Aadhaar card, then you should get your Aadhaar updated.
SBI Amrit Kalash Scheme
If you want to take advantage of SBI’s special FD scheme Amrit Kalash, then you will have to invest in it by 31st December. In this special scheme which matures in 400 days, interest is being given at the rate of 7.10 percent. The deadline for this scheme has been fixed as 31st December.