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SBI KYC Form 2023 PDF Free Download
SBI KYC Form
KYC, which means knowing your customer, is a significant process adopted by most financial institutions globally.
It helps gather all critical information on every customer. The State Bank collects the identity and addresses details of the users and links them to bank account and other legal documents.
This offers fast tracing and protects bank information from illegal users. The KYC details should be provided during account opening or when the bank request to update the KYC data.
Recently SBI Bank India requested bank users to update their KYC information. The process was conducted through SBI email or post to avoid movement during the Covid-19 pandemic.
SBI bank customers will embrace the move as it’s easy and fast. The bank customer needs to scan their KYC documents and send them via email. However, the user needs to send through the registered email ID saved by SBI bank.
The SBI bank official stated the move in a tweet that was posted on May 1st, 2021. The user can also send the information via post—the process offers protection to millions of SBI account holders.
The Covid-19 pandemic has altered significant sectors in India. This has businesses adapting to new ways of serving customers. Banks such as SBI are using simple platforms to run banking businesses.
The Bank request SBI account users to send various documents for verification and update method.
SBI KYC Update Online
Required Documents for SBI Account KYC Update Process
Users need to provide identity and address proof documents through the appointed channels.
- Passport
- Applicant’s voter’s ID
- Driving license
- Aadhaar card.
- NREGA
- PAN card
- An ID proof document for a guardian for a minor SBI account.
- For the NRIs: passport, residence visa attested by the foreign offices, Indian embassy, or Notary public.
How to Update SBI KYC Online
- First, the user needs to scan their document (address and identity proof documents).
- After scanning, one should send it via email or post to the address provided by the bank.
- Ensure the email is the same as the registered email at the bank. This helps in proper identification and updates.
- Note you can only send the KYC details when the process is due on your account. This allows the Bank to update the information in phases.
- The bank will verify the attached documents and details before updating the KYC data on your account.
- SBI users should provide the required documents to initiate the process.
The RBI strictly urges bank users to update their KYC details with the bank. The move helps Banks and financial institutions trace any bank transaction and keep the systems updated.
This also allows Bank customers to use transaction apps (mobile apps) safely. Updating KYC data is a tremendous digital transformation for SBI banks.
It allows for fast data transfer without visiting the bank. It saves lives, time, and resources for both banks and customers. SBI Online Account Opening
| Author | SBI |
| Language | English |
| No. of Pages | 2 |
| PDF Size | 1 MB |
| Category | PDF of Forms |
| Source/Credits | – |
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SBI KYC Form 2023 PDF Free Download