The KYC form is the form to be filled for customer identification. This is called Know Your Customer in English. The bank is a form of keeping all the details of its customers. KYC As a rule, banks have to keep complete information of their customers.
Essentially KYC when opening a bank account. Form must be filled. KYC The form should fully disclose your photo, identity card, address and family details. To open a savings account, you need a savings account opening form, photo and proof of residence (such as a stream, telephone or electricity receipt.
At the same time, KYC in the bank. Account can be opened by filling the form. In this way, when the bank receives a lot of information or information from the customer, the bank gets to know a lot about its customer and the bank becomes confident in the relationship and business with the customer. The bank has well-kept details related to customer identification and can easily contact the customer when needed.
