Are online accounts are more prone to get freezing than offline accounts ?

[kuchrm]

"This might sound like a silly question to some, but I’m genuinely curious. Are bank accounts opened online more likely to be frozen compared to those opened in person means offline at a branch? Also, is there any difference in the product codes for online vs. offline accounts, even if they’re both labeled the same—for example, 'Regular Savings Account'?"

 

[desiviru]

Yes. Sometimes in online accounts banks fail to fulfill complete criterias. It can happen in offline accounts also if the details filled in form is not entered in system carefully. But it is very rare that offline account will face issues while online accounts are prone to getting restricted for one or other reason. Bigger txn with offline account won't create much fuss.

 

[aniketkr.sharma]

Yes. Sometimes in online accounts banks fail to fulfill complete criterias. It can happen in offline accounts also if the details filled in form is not entered in system carefully. But it is very rare that offline account will face issues while online accounts are prone to getting restricted for one or other reason. Bigger txn with offline account won't create much fuss.

Yeah that's why my account that is more than 15 years old is still operative with only pan card attached with it.

For re-kyc I didn't even got a single call, also not a single call that your aadhar number isn't attached with the account.