Bank Re-KYC Update: Step-by-Step Guide To Online KYC Update

To maintain up-to-date customer information , banks and financial institutions implement Re-KYC processes. These procedures help ensure that the details provided by customers during account opening or while availing services remain current. According to the Economic Times, as cited on the HDFC Bank website, staying updated with customers' personal information is vital for banks.

KYC , or " Know Your Customer ," is a fundamental tool that allows organizations to verify a customer's identity, which is essential for most financial transactions.

Major banks provide online facilities for customers to update their KYC details. Here's how you can update your KYC details online with some of the top banks:

State Bank of India (SBI)

1. Log in to SBI online banking .
2. Navigate to the "My Accounts & Profile" section and click on " Update KYC ."
3. Select your SBI account and proceed to the next step.
4. Upload the required supporting documents on the subsequent page.

HDFC Bank

1. Upon receiving a notification from the bank to update your KYC information, fill out the re-KYC form.
2. Self-attest documents serving as identity and residence proof.
3. After completing your part of the KYC procedure, allow around ten days for the process to be completed.

ICICI Bank

1. Log in to the ICICI Bank net banking portal.
2. If your KYC update is pending, a message will prompt you to proceed. Authorize the update through document upload.
3. Edit any details if necessary, upload the PAN card, and indicate if you want to update your address.
4. Provide your new address details and upload the address proof document. Also, upload your photograph and complete the authorization process.
5. Confirm the authorization and declaration to finalize the procedure.

Canara Bank

1. Log in using your credentials.
2. Access the "Other Services" section and select "Re-KYC."
3. Upload the necessary documents as prompted.

Yes Bank

1. Log in to the Yes service portal.
2. Look for the Re-KYC option or select the RE-KYC Service Request.
3. Choose the appropriate option and complete the process through Aadhaar E-KYC authentication.

Ensure you have the required documents for ID proof and address proof, which may include a valid passport, PAN card, E-Aadhaar letter, driving license, voter ID, or other acceptable documents issued by government authorities or recognized institutions.

By following these steps, you can easily update your bank KYC online, ensuring your information remains current and accurate.