Know your customer (KYC)
Nomination:-
All account holders are requested to give nomination at the time of account opening. Nomination facility is available free of cost in every branch.
Account holder may change the name of nominee any time.
KYC:-
As per RBI guideline you are requested to do the compliance of KYC documents.
Documents Required for KYC (Know Your Customer)
| Accounts of Individual Customer | |
|---|---|
| 1. | Photo Identity (Any One) |
| – Passport | |
| – PAN Card | |
| – Voter’s ID Card | |
| – Driving License | |
| – Identity Card (subject to bank’s satisfaction) | |
| – Aadhaar Card | |
| 2. | Legal Name & Any Other Name Used (Any One) |
| – Letter from a recognized public authority or public servant verifying the identity and residence of the customer to the satisfaction of the bank | |
| – Job cards issued by NREGA duly signed by an officer of the State Government | |
| – The Letter issued by the Unique Identification Authority of India containing details of Name, Address , and Aadhar Number or | |
| – Any other document as notified by the Central Government in consultation with the Reserve Bank of India or any other document as may be required by the banking companies or financial institution or intermediary. | |
| 3. | Correct permanent address (Any One) |
| – Telephone bill | |
| – Bank Account Statement | |
| – Letter from any recognized public authority | |
| – Electricity Bill | |
| – Ration card | |
| – Letter From Employer (subject to bank’s satisfaction) | |
| – Any one document which provides customer information to the satisfaction of the bank will suffice |
| 1. | Accounts of Companies |
|---|---|
| Name of the Company , Principle Place of Business, Mailing Address of the Company , Telephone / Fax Number |
|
| – Certificate of incorporation and Memorandum & Articles of Association | |
| – Resolution of the Board of Directors to open an account and identification of those who have authority to operate the account | |
| – Power of Attorney granted to its managers, officers or employees to transact business on its behalf | |
| – Copy of PAN allotment letter | |
| – Copy of the telephone bill |
| 2. | Accounts of Partnership Firms |
|---|---|
| Legal name , Address , Names of all partners and their addresses , Telephone numbers of the firm and partners | |
| – Registration certificate, if registered | |
| – Partnership deed | |
| – Power of Attorney granted to a partner or an employee of the firm to transact business on its behalf | |
| – Any officially valid document identifying the partners and the persons holding the Power of Attorney and their addresses | |
| – Telephone bill in the name of firm/partners |
| 3. | Accounts of Trusts & Foundations |
|---|---|
| Name of Trustees , Settlers, beneficiaries and signatories , Names and addresses of the founder , The managers/directors and the beneficiaries , Telephone / fax Numbers |
|
| – Certificate of registration, if registered | |
| – Power of Attorney granted to transact business on its behalf | |
| – Any officially valid document to identify the trustees, settlers, beneficiaries and those holding Power of Attorney, founders/managers/ directors and their addresses | |
| – Resolution of the managing body of the foundation/association | |
| – Telephone bill |
| 4. | Accounts of Proprietary Concerns |
|---|---|
| Proof of the name, address and activity of the concern | |
| – Registration certificate (in the case of a registered concern) | |
| – Certificate / license issued by the Municipal authorities under Shop & Establishment Act, | |
| – Sales and income tax returns | |
| – CST / VAT certificate | |
| – Certificate / registration document issued by Sales Tax / Service Tax / Professional Tax authorities | |
| – Registration / licensing document issued in the name of the proprietary concern by the Central Government or State Government Authority / Department. | |
| – IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT as an identity document for opening of bank account | |
| – License issued by the Registering authority like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India, Institute of Company Secretaries of India, Indian Medical Council, Food and Drug Control Authorities, etc | |
| – Any two of the above documents would suffice. These documents should be in the name of the proprietary concern. |
