When Does Kyc Apply?

1.	When Does Kyc Apply?
Answer» KYC will be CARRIED out for the following but is not limited to: OPENING a new account.(deposit/ borrowal ) Opening a subsequent account where documents as per current KYC STANDARDS not submitted while opening the initial account. Opening a locker facility where these documents are not available with the bank for all locker facility holders. When the bank feels it is necessary to obtain additional information from EXISTING customers based on the conduct of the account. After PERIODIC intervals based on instructions received from RBI. When there are changes to signatories, mandate holders, beneficial owners, etc. KYC will be carried out for the following but is not limited to:

Answer»

KYC will be CARRIED out for the following but is not limited to:

OPENING a new account.(deposit/ borrowal )
Opening a subsequent account where documents as per current KYC STANDARDS not submitted while opening the initial account.
Opening a locker facility where these documents are not available with the bank for all locker facility holders.
When the bank feels it is necessary to obtain additional information from EXISTING customers based on the conduct of the account.
After PERIODIC intervals based on instructions received from RBI.
When there are changes to signatories, mandate holders, beneficial owners, etc.

KYC will be carried out for the following but is not limited to:

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