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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