Why is KYC necessary in any scheme or bank know all the details

Why is KYC necessary in any scheme or bank know all the details

Complete KYC Details: To open a bank account, where do you first go to complete KYC? Without it you cannot open a bank account. In KYC, you have to submit the necessary documents for your identity. Which includes PAN card, Aadhar card. Driving license and other documents are there. If no one had submitted these documents earlier. So the bank asks them to submit these documents. In such a situation, people go to the bank and submit their documents. If KYC is not completed then the services related to the…

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VI Launches Self KYC System For Prepaid And Postpaid Users Details Here

VI Launches Self KYC System For Prepaid And Postpaid Users Details Here

Self-KYC System: Vodafone-idea has started Self KYC system for its prepaid and postpaid users. The company has started the new system to make the KYC process easier. Actually, earlier if a customer had bought a new postpaid or prepaid SIM, then he had to go to the company’s official store for KYC. But now after the new rule, the KYC process has become very easy. Actually, VI was asked by the Department of Telecommunication (DOT) to simplify the KYC process, after which the company has taken this decision. At present,…

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