KYC
KYC (Know Your Customer) is the process of verifying a customer’s identity using documents like photo ID, address proof, and a recent photograph. It helps banks and businesses ensure authenticity, prevent fraud, and comply with regulations.
Aadhaar card is a unique identification document issued by the Unique Identification Authority of India (UIDAI). It serves as a proof of identity and address for residents of India. Each Aadhaar card contains a 12-digit unique identification number assigned to individuals after collecting their biometric and demographic data.
The Voter ID card, also known as the Electoral Photo Identity Card (EPIC), is a vital document issued by the Election Commission of India (ECI) to eligible voters in India. It serves as both an identity proof and an authorization for Indian citizens to participate in elections.
PAN (Permanent Account Number) is a 10-character alphanumeric code issued by the Income Tax Department of India.
It serves as a unique identification for individuals, businesses, and organizations for all tax-related activities.
PA photograph is mandatory in KYC to visually verify that the person submitting the documents is the same individual who will be using the service.