Bank Re-KYC Update: Easy Steps to Update Your KYC Online

Know Your Client (KYC)

Bank Re-KYC Update: The Know Your Client (KYC) is crucial for both banks and their customers, it is like knowing your customer thoroughly. It helps to prevent terrorists from stealing your money and also prevents money laundering.

However, Re-KYC is the process of updating your latest personal and contact details. Banks and other financial institutions keep their customers most up-to-date to avoid any further problems.

People can now change their Know Your Customer (KYC) information online as many banks offer the facility online through their official website.

Banks frequently ask for Re-KYC to keep users safer and to keep the information up to date so that they can prevent any time of fraud.

Every bank has different ways to fill out KYC forms online, Let’s look at SBI, ICIC, and HDFC procedures to apply for Re KYC.

Check Out: How RBI Upcoming Monetary Policy Could Impact Home Loan Interest Rates

How to apply for SBI Re-KYC Online?

To apply for SBI Re- KYC you need to follow the steps mentioned below:

• Visit the official website of SBI.
• Then, log in to SBI online banking.
• Click on Update KYC under the My Accounts & Profile section.
• Look for your SBI account and click on it.
• Fill in all the documents that are required and then click on submit.
• Your KYC is updated.

How to apply for ICICI Re-KYC Online?

To apply for ICICI Re- KYC you need to follow the steps mentioned below:

• Visit the official website of ICICI.
• If you haven’t filled out your KYC a message will appear on the screen.
• Check the box that says "Allow" and then click on the "Update Through Document Upload" link on the message.
• Then, update all the details you need to and also upload the required documents.
• If you want to update your address then click on 'I want to update my address' box and then fill in your new address and its proof, click on continue after you are done.
• To confirm the authorization, click "Confirm."
• Check the box that says "KYC declaration" and hit "Confirm."
• To finish the process click on Continue.

Check Out: RBI MPC Expected To Maintain Repo Rate; Key Focus On Inflation Commentary

How to apply for HDFC Re-KYC Online?

To apply for HDFC Re- KYC you need to follow the steps mentioned below:

• Here, you will automatically receive a message from your bank to update your KYC.
• If you get then fill out the Re-KYC form.
• Give all the documents such as your ID proof or address proof.
• Once you've finished filling out your Re-KYC form and then clicked on continue, the whole procedure will take about ten days to finish.
• If you are still confused about how to apply for Re-KYC online then, you should visit the bank directly and apply it offline by consulting with the bank staff.

Check Out: Stock Market News: Will SenWsex And Nifty Fall Further After Lok Sabha Results?