As per the Reserve Bank of India’s notification on February 25, 2016, all bank account holders are required to update their KYC (Know Your Customer) details periodically. Failing to comply with this guideline can result in account suspension and other issues. To update your KYC details offline, SBI allows you to download and submit a physical KYC form. You can easily access the SBI KYC form PDF from the official website, fill it out, and visit your nearest branch to complete the update process.
To ensure a smooth and uninterrupted banking experience, it is crucial to regularly update your SBI KYC. Continue reading to learn the step-by-step procedure for updating your KYC with the State Bank of India.
SBI provides various methods for its customers to update KYC online. You can log into the SBI net banking account or YONO app to update SBI KYC online. The detailed steps are provided in the sections below.
Below are the steps to update SBI KYC through internet banking:
YONO is SBI’s integrated digital banking platform that offers convenient financial services to SBI account holders. You can also update State Bank of India KYC documents through the YONO app by following these easy steps:
You can visit the nearest SBI branch to collect the KYC form. However, you can also download the SBI KYC form from the State Bank of India by following the steps given below:
You can download the SBI KYC Form PDF directly from the official State Bank of India website. Print the form, fill in your details, and submit it at your nearest SBI branch.
Given below is the SBI KYC form sample for you r reference:
You need to upload some documents while updating SBI KYC. However, document requirements may vary depending on the accounts.
Documents required for SBI KYC update of Individual account holders:
Documents required for SBI KYC update of minor account holders:
Documents required for SBI KYC update of NRI account holders:
Here are the reasons why you should keep the KYC updated on your SBI account:
Protection from Account Freezing
Failure to update your SBI KYC on time can result in your account being frozen. If this happens, you won't be able to withdraw cash using an ATM or chequebook.
To Comply with RBI Guidelines
As per the RBI regulations, updating KYC periodically is a mandatory requirement for all bank account holders. This ensures compliance with the law and helps prevent issues like account freezing.
It is crucial to update your SBI KYC regularly. Timely updates will keep you in line with RBI norms and protect your account from unnecessary disruptions. You can easily follow any of the methods mentioned earlier to update your KYC seamlessly.
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