The Reserve Bank of India (RBI) has advised banks to follow a ‘KYC guidelines’, wherein certain personal information of the account-opening prospect or the customer is obtained. The objective of doing so is to enable the Bank to have positive identification of its customers. This is also in the interest of customers to safeguard their hard earned money. The KYC guidelines of RBI mandate, bank to collect three proofs from their customers as follows:-
According to which, a photograph and documentary proof of personal identification and address proof are required to be provided. Bank KYC procedure specifies certain commonly available documents as proof of personal identification and address proof, so as to not cause inconvenience to those intending to open bank accounts in our Bank
The Account Opening Form provides the nature of documents required / procedure to be followed for opening a new account mentioned in section of Current Account / Saving Account.
Our Branch officials will help you to provide guidance regarding the different types of documents acceptable for opening any new account. We request all the customers for their /your kind co-operation in providing the required documents for opening new accounts to enable us to adhere to the KYC policy
