KYC stands for Know Your Customer, it is a unique process through which banks can keep information about the identity, financial details and personal address of every single customer. It came into existence in 2002 for the first time, later on the Reserve Bank of India made it compulsory for all the banks in 2005….
It is now mandatory to link one’s PAN (Permanent Account Number) with their respective Aadhaar number. Due to the Covid-19 pandemic the government has given an extension and the last date for Aadhaar-PAN linking is now September 30, 2021. Aadhaar — Unique Identity number, is a 12 -digit number that is issued by Unique Identification…
Aadhaar is used as an unique identification number which is linked to a resident’s biometric details. The card is universal and so, agencies and other service providers can directly contact the central UID — Unique Identification Database from any part of the country when user authentication is required. To update your Aadhaar details both online…
