Bank Rules for Signature: If you have forgotten your signature at the bank, will the bank close your account in such a situation? Know the rules for this.
While opening an account in the bank, you have to provide a lot of information. This includes an account opening form along with documents. At the bottom of the form, you have to sign your name. This is used for bank-related work.
The signature done while opening an account becomes an important part of your identity. But often people forget that signature after years, or problems start arising due to change in handwriting. There can be problems in such situations.
If the signature on the check does not match or there is a difference in signing any important document. Then the transaction may stop. For the bank, this is a matter related to security. Due to this, the customer has to face trouble and sometimes the payment also gets stuck.
But the biggest problem arises when people do not remember the old signature at all. Now the question arises whether the bank will close or seize the account in such a situation? Or is there any rule and procedure fixed for this.
So in such a situation the bank does not directly close your account. Rather it will tell you that there is a difference in your signature. After this the customer is given a chance to prove his identity and update the signature.
The customer has to go to the bank and register his new signature. For this, a valid identity card like Aadhar card, PAN card or any other government identity card is necessary. The bank verifies your identity with those documents and then registers the new signature in the system.
Some banks give you the option of biometric authentication. By which you can see your old signature by proving your identity. However, for this a complete process has been fixed by the banks. It has to be completed.