Question: What Are Documents Required For KYC?

Is Aadhaar Ovd?

The Central bank has also said that proof of possession of Aadhaar number has been added to the list of officially valid documents (OVD)..

What is KYC document in SBI bank?

i) Passport ii) Credit Card Statement- not more than 3 months old iii) Salary slip iv) Income/Wealth Tax Assessment Order v) Electricity Bill- not more than 6 months old vi) Landline Telephone Bill – not more than 3 months old vii) Bank account statement viii) Letter from reputed employer ix) Letter from any recognized …

Can KYC be done online for SBI?

The customers or depositors are required to complete their KYC for hassle-free banking experience, ever since the formalisation of the banking sector. … SBI has mentioned the list of documents that are required to be submitted while complete know your customer (KYC) norms on its official website – onlinesbi.com.

What are the documents required for KYC form?

KYC Documents IndividualsPassport.Voter’s Identity Card.Driving Licence.Aadhaar Letter/Card.NREGA Card.PAN Card.

What are the documents required for KYC in PNB?

For individual accounts, the customers may submit photocopy of any of these documents — passport, Aadhaar card, driving licence, NREGA card, election ID, PAN card (valid only as identity proof).

What is KYC verified?

KYC means Know Your Customer and sometimes Know Your Client. KYC or KYC check is the mandatory process of identifying and verifying the identity of the client when opening an account and periodically over time. In other words, banks must make sure that their clients are genuinely who they claim to be.

What are officially valid documents?

Officially valid documents (OVDs) for KYC purpose include: Passport, driving licence, voters’ ID card, PAN card, Aadhaar letter issued by UIDAI and Job Card issued by NREGA signed by a State Government official.

Which is not official KYC document?

A person without valid KYC documents but categorised as ‘low-risk’ can open an account by submitting any of the following-identity card with applicant’s photograph issued by a central/state government department, statutory/regulatory authority, public sector undertaking, scheduled commercial bank or public financial …

Is KYC verification safe?

Currently, the most common Paytm fraud is the KYC scam. Hackers are stealing account related details in the name of KYC verification. Many times, they ask users to download Team Viewer through which hackers can see the screen of the phone. Then the hackers tell users to log out of the Paytm app and log in again.

Can we do KYC at home?

For this method, you need to go to the KYC and select “Aadhar verification at your doorstep” option as shown in the below screen. On the next screen, you will be required to fill in your address where you want your KYC to be done.

How can I get KYC document?

How to get KYC done offline? You can also complete your KYC formalities by visiting an AMC office or to any registrar’s (CAMS/Karvy, and so on) point of sale or to any independent financial advisor. Take KYC application form, fill it and submit it along hard copies of required documents.

What are the KYC documents for companies?

1) Registration certificate 2) Certificate/licence issued by the municipal authorities under Shop and Establishment Act. 3) Sales and income tax returns. 4) CST/VAT/GST certificate (provisional/final). 5) Certificate/registration document issued by Sales Tax/Service Tax /Professional Tax authorities.

Is Aadhaar card mandatory for KYC?

RBI has updated its OVD (Officially Valid Documents) list and has added “Proof of possession of Aadhaar number” for opening a bank account. It is not mandatory to furnish Aadhaar to open a bank account at present. …

How do I complete KYC verification?

You have to follow the steps mentioned below for doing KYC offline:Download and fill the KYC form.Mention your Aadhaar/PAN details.Visit a KRA office and submit the application.Attach the proof of identity and proof of address with the application.You may have to submit your biometrics as well in some cases.More items…•

What is normal KYC?

Normal KYC account For normal KYC account, you can submit any of the six official documents as proof of identity. Those documents are PAN card, Aadhaar card, Driving licence, Voter Id, Passport, and NREGA Job Card.