RBI on Re-KYC: There is no need to go to the bank for KYC again, RBI Governor's big announcement
The governor was asked if everything has gone online in digital banking. There is no need to go to the bank branch to open an account.
If you have an account in any bank, then this news can be very useful for you. Talking to the media after the meeting of the Reserve Bank Monetary Policy Committee, Governor Shaktikanta Das put forth the rules regarding Re-KYC. The governor was asked if everything has gone online in digital banking. There is no need to go to the bank branch to open an account. During this time KYC is also done sitting at home, but again at the time of KYC, why do the same banks ask the customers to come to the branch? In response to this, he said that the rule does not say so.
Re-KYC is possible through SMS and email
As per the rules, if you have already done KYC and need to do KYC again, then this facility is available online. If there is no change in your KYC, then the process can be completed by sending an email and message from the registered mail id or phone number. If there is a change in address, send a message from the registered number during re-KYC or email from the registered mail id. The bank will verify the new address within two months.
Complete this work from the Central KYC Registry
In response to another question, Governor Shaktikanta Das said that if there is one bank that has completed re-KYC, then it is not necessary to repeat it in all the banks or branches. For this help of CKYCR can be taken. In this, you are issued a number. In this, you are issued an identifier number. You can keep this number safe and share it with all the branches. With this, you will not need to reKYC for different banks and branches.
No need for separate Re-KYC for different banks
Governor Das accepted that customers face such problems. Many times customers have to visit a special branch to get KYC done again. He said that it is possible that the correct and proper information in this regard is not available to those officials of the bank. The Reserve Bank runs awareness programs in this regard from time to time. If a customer has more problems regarding re-KYC, then he can complain about it to the ombudsman. This is an illegal form of complaint.