What is kYc and income and address proof,types of residence and identity proof

Question

Accepted Answer

KYC refers to Know Your Customer and is a process of verifying the identity and address of customers. Income and address proof are documents required for KYC. Types of residence and identity proof vary.

KYC is a process used by financial institutions to verify the identity and address of their customers.
Income proof is a document that shows the source and amount of income of an individual or organization.
Address proof is a document that confirms the residential address of an individual or organization.
Types of residence proof can include utility bills, rental agreements, or property ownership documents.
Types of identity proof can include passports, driver's licenses, or national identification cards.

Accepted Answer

KYC-Know Your Customer
Address proof-Adhar,Voter Id,Passport,Driving License
Identity Proof-Pan card ,Passport

Income proof-2 types
Salaried-Salary Slip with Bank statement and Form 16

Self-Employed-Income Tax Returns with computation of income.

What is kYc and income and address proof,types of residence and identity proof

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