Bank freezing issues are becoming the new norms for most of the private banks especially if it is opened digitally. You should visit the home branch and discuss the exact reason of suspicious activity or types of transaction pattern.
@pratik077 Everything is ok. Called their care team to raise my complaint and feedback against their so called system, and the people managing those system.
There is no suspicious txn. Nothing unusual. Only difference is previous month's txn was a bit (5x) higher than previous 3/6 month average. All are done by me. its nothing but flag in their system. I myself trying to study the pattern of their flag. May raise this issue again with their team through email.
Perhaps they wrongly updated my income on lower side. For me it's an unnecessary extra work. Nothing else. I am not worried at all.
@CRN Branch guys know me well. Probably they will also laugh by hearing this Flag in their system.
@Beyond I have never experienced such issues with any of the banks. I keep the transaction within the limit & update the profile if needed because most of the times if there is any mismatch between your defined annual income and your spending pattern limit this could potentially lead to freezing issues.
@CRN its just pure luck. Your proactiveness does not matter to algo
Sooner or later your experience will change 🙂
For example - PNB algo flags every upi transaction that ends with non zero
