What Documents Are Required for Kyc in Sbi

Since the beginning of Covid-19 and the lockdown in India, SBI Bank has been accepting KYC documents online. The bank has confirmed that the KYC update will be carried out on the basis of documents received by customers by mail or registered mail by email. Customers do not need to visit the store in person for the purpose of updating KYC. Let`s see how to update online KYC for SBI bank. SBI account holders can send the documents with their registered email address to the branch email address. „You can only scan your KYC documents and email them to the branch email address if a KYC update is due in your account and the branch has notified you. Please note that you are sending the email from the email ID you have registered with your bank account,” the State Bank of India said in a tweet. Yes, each person must submit documents to update the KYC details. You can check the required documents above.

The State Bank of India (SBI) allows several documents that can be used by different people for KYC. Know Your Customer (KYC) is a process by which banks obtain information about the identity of their customers, ensuring that banking services are not misused. The KYC procedure is used when bank customers open accounts. Banks are also required to regularly update their customers` KYC data. The KYC process requires banks to collect and verify basic customer information. SBI says you only need to send the KYC documents when the KYC update is due in your account and the branch has notified you. (The small account remains operational for an initial period of twelve months, and then for a further period of twelve months if the holder of such an account proves to the bank that he has requested one of the officially valid documents within twelve months of opening the account, with all provisions for the relaxation of this account being reviewed after twenty-four months.) The following documents are accepted as proof of identity and address. Each piece of identification and proof of address must be sent. To relieve thousands of customers amid the second wave of the pandemic, the State Bank of India (SBI) has announced that account holders will not need to visit branches to update their Know Your Customer (KYC) documents.

Customers can submit proof of address and identity via email or courier to their bank branch. Step 4: The documents to be verified are passport, voter card, driver`s license, Aadhaar card, NREGA card, PAN card and an identification document and proof of address (permanent or current). Before submitting the documents for KYC, you need to send some documents to the bank to update the KYC details. We have listed all documents accepted for individuals, NRIs and small account holders. To update their KYC information online, customers must submit one of the following documents: 1) passport, 2) voter card, 3) driver`s license, 4) letter/Aadhaar card, 5) NREGA card, 6) PAN card. Non-resident Indians (NRIs) can submit a passport or residency visa to meet KYC standards. Copies of the residence visa must be certified by foreign offices, notaries, Indian embassies, correspondent bank officials, whose signatures can be verified by an authorized branch of the SBI. The Covid-19 pandemic has led to more online installations than offline services. This benefits the customers of the country`s public banks. They don`t require you to physically go to the bank to update the KYC. The State Bank of India has made the decision to allow its customers to submit their documents by mail or email. The country`s largest lender, the State Bank of India, has listed a list of acceptable documents for KYC in the case of an individual, minor, NRI or small account holders.

It is always important that the details are updated with the documents provided to the banks. The State Bank of India, one of India`s most popular banks, allows users to update KYC details using online methods, allowing customers to send KYC documents directly from home without having to visit the branch. If your documents are not up to date with the bank, SBI may freeze your account, which will prevent you from transacting from the account. To unlock and get full control over the account, you need to update your KYC data. Here you can find out how to submit KYC documents for SBI KYC update. For any change of current residential address on the existing credit card account, cardholders must submit their KYC documents to the card account. These are the accepted documents for non-resident Indians for KYC to SBI. For account holders under 10 years of age, proof of identity of the person who will operate the account must be presented to the bank. Minors who hold the bank account themselves can present any of the KYC documents for identification or verification of the address. Step 3: You should only send your KYC documents when the KYC document is due in your account.

The central bank has also allowed digital channels for regular KYC updates for the convenience of customers. Digital channels include video KYC and electronic document filing via Digilocker. Step 2: The email should be sent from the email address registered when sending the documents. A small account can also be opened with one of the following documents, which are considered „officially valid documents”. The KYC can be updated based on documents received by customers by mail or registered mail by email. Since KYC documents have become mandatory for all account holders. Step 5: If it is a minor account, the minor must be under 10 years of age and the proof of identity of this person keeps the document submission account. Once you have submitted the KYC documents to the bank branch, the bank will need some time to verify the details. However, there is no time limit to this. If you don`t receive a response within a few days, you can email them and request an update. Individual account holders have the right to submit any document as proof of identity and address of passport, voter card, driver`s license, Aadhaar card, NREGA card and PAN card. Thank you for reading it to the end of this article.