It is mandatory to submit PAN-Aadhaar card by 30th September

Finance Ministry: The Finance Ministry issued a notification on March 31, 2023 stating that if you have opened an account or invested under Small Savings Schemes, you will be required to provide PAN and Aadhaar card as part of the KYC documents.
According to the notification, for those who have not submitted Aadhaar and PAN while opening the account, it is mandatory for them to do so by September 30, 2023. However, if documents are provided then they are not required to be submitted.
It is necessary to submit PAN Card and Aadhar Card
According to the new notification, if a small savings scheme depositor has opened an account and has not submitted Aadhaar and PAN card, then it will be mandatory for him to submit these documents by September 30.
Who does not need to give Aadhaar and PAN card
According to the website of Canara Bank, PAN has been made mandatory for new users investing in Small Savings Scheme from April 1. This means that if you have opened an account after April 1, 2023, then you do not need to submit Aadhaar and PAN card till September 30.
If Aadhaar and PAN card are not linked to the account, the account may be suspended till 30 September 2023 until the PAN and Aadhaar card is submitted to the branch. Account suspension means that you will not be able to transact money.
It is noteworthy that the post office schemes include FD, RD, Post Office Monthly Income Scheme, Sukanya Samriddhi Yojana, TD, Mahila Samman Savings Certificate, PPF, Senior Citizen Savings Scheme and Kisan Vikas Patra (KVP).