Patna, August 21: A news report claims that the Jan Dhan accounts of people in Bihar will be closed if the Know Your Customer (KYC) formalities are not updated by September 30. The alleged claim was made in a report published in the Hindustan newspaper's Bihar edition. In its article, Hindustan newspaper claimed that around 84 lakh Jan Dhan account holders in the state risk losing access to their accounts if the KYC is not updated by the deadline. As per the report, about 84 lakh beneficiaries of the Pradhan Mantri Jan Dhan Yojana (PMJDY) in Bihar must complete KYC verification of their bank accounts by September 30.

The news report further alleged that failing to complete the Know Your Customer (KYC) formalities may result in the closure of their Jan Dhan accounts. While it is true that banks across the country have been instructed to update the KYC details of Jan Dhan account holders as part of a financial inclusion campaign, the alleged claim in Hindustan newspaper that accounts of 84 lakh beneficiaries will be closed if KYC is not completed is not entirely accurate. Scroll below to know the truth. Is Message Asking You To Add or Update Mobile Number on Driving License via Aadhaar Authentication Real or Fake? Know the Truth and How To Do It.

Jan Dhan Accounts of People in Bihar Will Be Closed if KYC Not Updated? PIB Reveals Truth

According to a fact check conducted by PIB, the alleged claim that Jan Dhan bank accounts of 84 lakh people in Bihar will be closed because they failed to update their KYC by September 30 is misleading. PIB further said that updating KYC is necessary; however, it clarified that Jan Dhan accounts will not be closed if the Know Your Customer formalities are not completed.

Hence, the Hindustan newspaper article's claim that 84 lakh Jan Dhan accounts in Bihar will be closed if KYC is not updated by September 30 is misleading. Last month, the Finance Ministry said that the Department of Financial Services has not asked banks to close inactive PM Jan Dhan Yojana accounts. Is Government Collecting Toll Tax on 2-Wheelers on National Highways & Expressways? PIB Fact Check Debunks Fake Claim in Viral Video, Reiterates Motorcycle Exemption on NHAI-Operated Roads.

In an official release, the Finance Ministry said that DFS has launched a nationwide three-month campaign, starting from July 1, to deepen the adoption of Jan Dhan Yojana accounts, Jeevan Jyoti Bima Yojana, Atal Pension Yojana, and other welfare schemes.

Fact check

Jan Dhan Accounts of 84 Lakh Beneficiaries in Bihar To Be Closed if KYC Not Updated by September 30? PIB Fact Check Debunks Fake News Report
Claim :

Jan Dhan accounts of 84 lakh beneficiaries in Bihar to be closed if KYC is not updated by September 30.

Conclusion :

PIB said that the news report is misleading. It also clarified that the Jan Dhan accounts will not be closed over failure to update KYC.

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(The above story first appeared on LatestLY on Aug 21, 2025 05:20 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).