Banks have to update their database in regard to their customers latest KYC status. This is an regulatory requirement and failure to do so could result in suspension of one s bank account. Read below to find out how to update one s KYC completely online
Bank account holders will not be required to visit their bank branches to update KYC details if they have already submitted valid documents and not changed their address.
THESE tasks need to be completed before March 31 - Details inside - From PAN-Aadhaar linking to KYC update in bank accounts - here are the deadlines you should meet by March 31, 2022.