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NSDL bank accounts being blocked

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Deal Cadet
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My NSDL bank account is blocked without any notice.

anyone has experienced similar issue? what is the process to unblock it?

Dimers, NSDL bank accounts are being blocked. If account is opened in 2020 and no VKYC done after it, transfer all amount immediately

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  • Last updated by: violin
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Heart of Gold Heart of Gold
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@luciferking Zero Balance Accounts are under scrutiny just to avoid misuse (inactive accounts) and kyc complainces as per RBI guidelines.

There is no certain guideline to block/freeze. But banks will say as per internal policy.

They just blocked and sending notifications to do kyc again..

Deal Cadet Deal Cadet
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@Mayavi

This comes under Deficiency of service from the bank

If this is handled correctly, one can claim compensation from the Bank via RBI complaint.

I have already started the process.

Heart of Gold Heart of Gold
Moderator
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@luciferking Did you got reply from NSDL on what basis they blocked account??

Deal Cadet Deal Cadet
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@Mayavi

Nope, I have raised vkyc service request as mentioned by the dimer in WIKI

and raised a complaint to the nodal officer. ([email protected])

I will be pursuing this further for compensation.

on another note, one known friend's BOI account was blocked due to KYC and got activated within 1 hr. BOI took immediate steps to complete the vKyc.

Heart of Gold Heart of Gold
Moderator
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@luciferking Ok.
Some banks are good in KYC activation.
Some are very bad.

Before reach to Nodal Officer, you need to raise Level 1(from app) and Level 2(email) request with a resolution time of max 7 days.
Deal Cadet Deal Cadet
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@Mayavi This is correct but since they skipped the notification part before the account block, so I skipped Level 1 & Level 2.
81 Comments  |  
41 Dimers
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Deal Cadet Deal Cadet
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did you make min 1000 payment every year?

Deal Cadet Deal Cadet
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thats my monthly transaction amount. looks many accounts blocked, X is flooded with complaints
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Commentator Commentator
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Mine also

Deal Newbie Deal Newbie
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Mine also blocked 

Helpful Helpful
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just checked now..

my account is also blocked. it's due to not doing kyc again.

NSDL doesn't provide any re-kyc feature.

I think we have to mail them and ask for vkyc link, after kyc it will be unblocked

Freebie Finder Freebie Finder
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check wiki
Deal Cadet Deal Cadet
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My account is also blocked. Any idea how to get vkyc link?

Freebie Finder Freebie Finder
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check wiki

Deal Cadet Deal Cadet
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Mine is blocked too. sad


I had nearly 4k in there (in two accounts) to be used tomorrow (Friday). Shock of the year!

Accounts opened in 2023. I checked the app a few hours ago, but didn't move the funds out, as I thought it was okay.

As per NDSL, we have to create a service request to book a slot for video kyc. Just created the service request. Let's see what happens from now.

Deal Cadet Deal Cadet
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unblock?

Deal Cadet Deal Cadet
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I had only 7Rs in my account. Blocked. Did as per deal wiki. Lets see how it goes.

Deal Subedar Deal Subedar
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Yes all my family members account showing blocked.

Deal Subedar Deal Subedar
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Mine also blocked... without any intimation.. opened on 2020...having 10k balance as hold. sleepy

Deal Newbie Deal Newbie
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My mother account has been blocked ( 977 in account). She doesn't know hindi &english. Even she doesn't know how to read English..i am worried how she will complete video kyc😭. She is reluctant to do video kyc. Any way to make complete kyc other than video kyc

Deal Cadet Deal Cadet
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Same issue here. 3k blocked in that account. 

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Deal Lieutenant Deal Lieutenant
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Even my account is blocked, it has less than Rs. 2 😬

Wingman Wingman
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If your account is not blocked transfer your shares from nsdl to cdsl, lookup how to transfer between demats.
Groww/indmoney etc opens demat account in cdsl

Deal Subedar Deal Subedar
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there is issue with Demat account 
NSDL bank accounts are getting blocked
Deal Subedar Deal Subedar
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do we get any mail of SMS notification after booking slot (does anyone got unblocked successfully?)
when will they schedule video KYC?

Finance Mentor Finance Mentor
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NSDL ne sab k account block kar diye hai kya ? Even recently jin logo ko vkyc kar k account open kiya tha unke bhi ?

Deal Cadet Deal Cadet
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All accounts are blocked. People are just unaware of what happened. Check X (twitter). 

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Deal Subedar Deal Subedar
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yes blocked initiated vkyc sr no. generated let's see

Helpful Helpful
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any update after raising the book slot for vkyc.

it's been 2 days no one replied yet.

no link for vkyc provided yet.

Cool Cool
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Seems we have to do vkyc again.

Super Stud Super Stud
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Me too also facing same problem

Commentator Commentator
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Even customer care number not working 

Deal Newbie Deal Newbie
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Bank utth gya kya joy .mere 670Rs pade the usmein.

Deal Cadet Deal Cadet
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any new update? whats going on?

Deal Captain Deal Captain
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I sent a request and closed the account few months back, have too many Rupay platinum cards, and this 6 rupees per month charges will drive balance to negative if left alone without closing.

They transferred my 1 or 11 something rupees to ICICI account details i gave while closing

Deal Cadet Deal Cadet
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if you close within 1 yr 6 months there is 500 fee
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Deal Newbie Deal Newbie
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Thanks to govt. Scammers will utilize the situation, they would scam people in the name of Vkyc.

Deal Cadet Deal Cadet
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NSDL RuPay offer stopped now all balance amount is their profit 😂😂😂😂😂 clean bowled.

Deal Lieutenant Deal Lieutenant
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I can't load money

Post Emperor Post Emperor
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Rs. -200 account balance smirk

Finance Mentor Finance Mentor
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Good, good...
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Finance Mentor Finance Mentor
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Account balance is 14 only, seems vkyc is the issue, shall sort out later...

** BTW, is jio payments bank zero balance without any fees with free rupay platinum dc?

Deal Captain Deal Captain
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Yep, Jio Payments Bank - Zero Balance without any fees with RuPay Platinum DC.


Account can be opened only on Aadhaar registered mobile number (mandatory)

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Deal Newbie Deal Newbie
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My account is also blocked. 

I haven't rised any request for vkyc. 

Now what 10 p.m. on 3rd January, notice Di below message in the NSDL app.

Seems like all the NSDL accounts have been blocked. 

IMG20250103221103

Deal Cadet Deal Cadet
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call pe VKYC kaise hogi?
Deal Newbie Deal Newbie
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My account is also blocked. 

I haven't rised any request for vkyc. 

Now what 10 p.m. on 3rd January, notice Di below message in the NSDL app.

Seems like all the NSDL accounts have been blocked. 

IMG20250103221103

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