JM Financial Associate Interview Questions, Process, and Tips

Yes, KYC stands for Know Your Customer.

• KYC is a process of verifying the identity of customers.

• It is commonly used in the banking and financial industry.

• KYC helps prevent fraud, money laundering, and terrorist financing.

• Examples of KYC documents include passport, driver's license, and utility bills.

KYC stands for Know Your Customer. It is a process of verifying the identity of customers to prevent fraud and money laundering.

• KYC is mandatory for opening bank accounts, applying for loans, and investing in mutual funds.

• It involves collecting personal information and documents such as PAN card, Aadhaar card, passport, and driving license.

• The information is verified against government databases to ensure authenticity.

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KYC registration requires identity proof, address proof, and a recent photograph.

• Identity proof: Aadhaar card, PAN card, passport, driving license, voter ID card

• Address proof: Aadhaar card, passport, utility bills, bank statement, rent agreement

• Recent photograph: passport size photograph

KYC registration status can be checked on the website of the respective financial institution or through their customer service.

• Check the website of the financial institution where KYC was registered

• Contact customer service of the financial institution

• Provide necessary details like name, date of birth, and account number

• KYC status can also be checked through the government's KYC registry website