List of KYC Articles

Since 2004, the Reserve Bank of India made it compulsory for all Indian financial institutions to verify both the identity and address of all customers carrying out financial transactions with them. Thus, the KYC process was introduced by the RBI as the only mode of verification.

KYC or ‘Know your customer’ is a verification process, mandated by the Reserve Bank of India, for institutions to confirm and thereby verify the authenticity of customers. To verify their identity and address, they need to submit their KYC documentation before investing in a variety of financial instruments.

A step-by-step guide on how to link Aadhaar with a mobile number online. By following these steps, you can effortlessly access critical government updates and services, all while ensuring the utmost security and authenticity of your mobile connection. Let's delve into the process and explore the significance of this essential procedure.

KYC or ‘know your customer’ is a mandatory verification procedure carried out by any banks, financial institutions, and other Indian organisations with the goal of minimising illegal activities like money laundering.

E-KYC or online KYC is an effective way to submit your identity and address proofs online. It is a standardized way to check the authenticity of customers on a portal by the Indian government.

eKYC, often called paperless KYC, is the process of electronically verifying the customer’s credentials. This is mandatory for everyone to avail of the services from any financial institution. It is also called Aadhaar-based eKYC as your identity is verified electronically wherein the service provider can access the details of your Aadhaar from the Unique Identification Authority of India (UIDAI) database.

A Ration card is an official document issued by the respective state government to the citizens of India who are eligible for subsidized food, grain, and gasoline under the National Food Security Act (NSFA)

Learn what a CKYC number is, and why it matters for investors. Understand how CKYC works, the benefits of Central Know Your Customer (CKYC) registration, types of CKYC accounts.

The AO code, or accessing officers' code, is a very important part of the taxation process in India. It helps ensure that all individuals and businesses are thoroughly examined per the relevant regulations. The AO code, or assessing officer code, helps identify the correct tax jurisdiction and makes the process smooth for taxpayers and the government.

The AADHAR system is being designed to eventually service the entire population of India, and will involve the biometric identification of 1.2 billion residents

The PAN is a ten-digit alphanumeric code given by the Income Tax Department of India, while Aadhaar is provided by the UIDAI.The linkage process can be conveniently fulfilled through both online and offline methods, offering flexibility to citizens. The government's goal is to promote transparency and create a seamless and efficient financial environment, benefiting the government and the citizens of India.

Aadhaar is a 12-digit unique identification number issued by the government of India to every individual resident of India.To download your Aadhaar card online, it's crucial to have your registered mobile number handy.Once your mobile number is registered, you are all set to download your e-Aadhaar.

To change your mobile number on your Aadhaar card, you need to visit the nearest Aadhaar Seva Kendra. These centers are set up across India to assist citizens in Aadhaar-related services.

With the various offline and online methods available, one can easily and efficiently change their mobile number on a PAN card. There is no need to go to banks or other places as it can be easily done at home nowadays.

PAN Card cancellation online is a short and hassle-free process. Various consequences may occur if any individual has possession of multiple PAN Cards. It is mandatory for every individual living in India to have only one PAN Card.