Know Your Customer (KYC) is a verification process introduced by RBI and controlled by banks to prevent financial fraud from taking place for customers/businesses. By providing us KYC details, it helps establish the identity of your business and onboard you as a user, while mitigating any risk at the same time.
We need your KYC documents to verify your business and bank accounts to prevent fraud and to mitigate risk.
KYC updates help to:
Your (individual) or business (organization) PAN card.
Proof of bank account
Front page of Recent Bank Statement
Front page of Bank Passbook
Front page of Chequebook