"PAN Card is mandatory in the name of any
Personal CIF and Non-Personal CIF
to give it a financial IDENTITY.
No loan account can be opened without the
NSDL validation of PAN Card and its entry in the
respective Personal and Non- Personal CIF or ENTITY.
Nationalized Banks will not provide
further KCC loans to the farmers who live
in the KCC defaulters' village or REGION.
Unless and until the BDO and Panchayat Pradhans of those
KCC defaulters' area helps in NPA recovery, the banks will
reject new KCC applications with a valid REASON.
Without a good
score in CIBIL,
just reject the loan application form itself
in the Customer Desk TABLE.
A defaulter of Bank'A' is having a
huge amount of money in his Savings account
in Bank'B', so, to do NPA recovery
and minimize further revenue LEAKAGE;
the Indian Government must pass a Banking Bill by which the
Bank'A' can deduct loan installment from the defaulter's savings
account in Bank'B', provided in all the accounts of that defaulter
in both Bank'A' and Bank'B', there is AADHAAR card LINKAGE.'"- Arindam Sain
