frozen account meaning in hindi
frozen account meaning in hindi: In Hindi, "frozen account" translates to "जमा हुआ खाता." When an account is frozen, it means that all transactions, withdrawals, and deposits have been temporarily halted or restricted by the bank or financial institution managing the account. This action is usually taken for various reasons, such as suspicion of fraudulent activity, legal disputes, or failure to comply with regulations. When an account is frozen, the account holder typically cannot access their funds until the issue causing the freeze is resolved. It's a precautionary measure taken by banks to safeguard against potential risks or illegal activities associated with the account.
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