RBI Simplifies KYC Norms 2025

  Published 1 year ago

RBI 2025 eases KYC updates for DBT/EBT, PMJDY accounts via self-declarations, digital tools, and BCs, enhancing convenience.

  • Allow face, to, face, NFTF (Aadhaar OTP), and V, CIP for customer onboarding with simplified address verification.
  • Enable self, self-declarations via email, mobile, ATMs for KYC updates, using Aadhaar OTP or V, CIP for verification.
  • Permit branch, based on KYC updates and automatic updates from CKYCR, ensuring compliance and ease of access.

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