Remember these things while you close the bank account

Remember that while you close the utility bank account, you must remember these things, if you try to close your bank account, it is important to take care of a few things. Download the statement, the bank account you will close may require its passbook or statement in the future. Download a 2 -year bank statement before closing the account so that there is no problem later. Unable to show it again after the account is closed. Awaiting transactions If any transaction hangs on your account, you must stop until it exists. Therefore, before you close the bank account, you must confirm that there is no transaction pending. If so, complete it. Many banks also charge the closing costs at the closing of the closing bank account. This charge can vary. There are many times no cost to close the bank account to a fixed limit, then you can stop for some time and avoid these costs. Monthly payment mandate If any monthly payment mandate is active on your account, you must first make it inactive. Without it, the account will not be closed, and even if done, the loss will be yours, because then you will stop monthly mandate. This monthly payment mandate can be a premium of your insurance, EMI of home, EMI of a loan. Click here Life & Style Click for more stories Click here