SBI Bank News: If you too have not been in a position to replace your KYC for some motive but, then there is good news for you. Now you can easily complete your KYC process even sitting at residence. For this you no longer need to go to the residence department of SBI. You can complete your KYC process by visiting any SBI department nearest to you. If you have not updated your KYC but, then hurry up and complete it. Otherwise, it is potential that the transaction from your financial institution may be stopped. To avoid such drawback, you should take your KYC replace Should be done
Table of Contents
What is KYC and why is it necessary?
KYC ka full form now your buyer Which merely means that through KYC the financial institution retains the data of its clients. And that is why it is necessary that you go to your financial institution with all the necessary documents and complete the process of KYC. By which your checking account will be verified and the transaction done from the account will be protected. This is an identification process carried out by RBI through which all financial firms and banks get their clients to fill the form and also take some documents as proof of identity.
Here are some guidelines associated to this
- Low Risk Customers – KYC replace is required every 10 years.
- Medium Risk Customer – KYC required every 8 years.
- High Risk Customer – It is very important to get KYC done every two years.
These documents will be required
You need some documents to replace KYC in your SBI Bank. These are the required documents –
For proof of identity (any one of these)
- Aadhar Card
- Pan Card
- Voter ID Card
- Driving License
- Pension Payment Order (if relevant)
- NREGA Card
- Passport
- Identity card issued by publish places of work
Address proof (any one of these)
- Telephone invoice (must not be more than 3 months outdated)
- Electricity (*90*) (It should not be more than 6 months outdated)
- Bank account details (not more than 3 months outdated)
- Credit card assertion (should not be older than 3 months)
- Ration card
- Identity card issued by trusted employers
- Income Tax / Wealth Tax Assessment Order
Please observe that if the account holder is a pupil and is residing in the hostel of the University/Institute, he/she will have to carry a letter in this regard issued by the Warden of the hostel, signed by the Principal/Dean – Student Welfare or Registrar.
Get your KYC done like this
For this, you have to first go to the nearest department of your SBI. By going there you will have to carry all your necessary documents. So that your KYC process can be accomplished. Please maintain in thoughts that you should also take all your original documents and their photocopy.
Apart from this, you can also get your KYC updated sitting at residence. For this, you have to ship all your documents on the official mail id of SBI. Even after this, your KYC replace process will be accomplished. as well as now Aadhaar Based Video Customer Identification Process (V-CIP) The process of KYC has also been permitted through this. Through which you can also get your checking account verified and complete the KYC process.
Good News! Gas cylinder subsidy resumed, check your balance immediately
To get data about more such government and non-government schemes visit our website. pmmodiyojanaye.in Do bookmark it.