KRRS Leaders Report Freezing of Farmers Accounts Despite Loan Repayments

**Beneficiaries of One-Time Settlement Scheme Face Transaction Issues**

Individuals enrolled in the One-Time Settlement (OTS) Scheme have reported difficulties in accessing and transacting with their bank accounts. Beneficiaries indicate that, despite fulfilling the requirements of the settlement program, they are unable to perform necessary banking activities, which is causing inconvenience and distress.

The One-Time Settlement Scheme was introduced to provide relief to borrowers facing difficulties in repaying loans, allowing them to settle their debts for a lump sum payment, often at a reduced amount. However, several participants in the scheme have claimed that their accounts remain inactive or frozen even after settling their debts, preventing them from engaging in financial transactions such as withdrawals, deposits, and transfers.

Bank officials have acknowledged the concerns and stated that they are investigating the matter. They have urged beneficiaries to contact customer service to resolve issues related to account access. Additionally, industry experts are calling for clearer communication from financial institutions regarding the status of accounts following participation in such programs to prevent similar situations in the future.

As the situation develops, affected individuals are encouraged to document their experiences and maintain communication with their banks to facilitate a timely resolution.