KYC for HPCL

Hi I am interested in having the information about why KYC is required as well as the Know Your Customer Form for Hindustan Petroleum Corporation?

[Rajkumar Agarwal]

The planned clients, the clients who need to regularize their associations , the clients who need to reactivate their lethargic client status, likewise if there should arise an occurrence of exchange of association and change of name in the event of death of association holder, the KYC is required to be submitted.

The LPG control request of Ministry of Petroleum and Natural Gas (MOPNG) licenses one LPG association in one family unit. This confinement is on the grounds that LPG is a financed item and unlimited number of associations may prompt to unapproved utilization of sponsored LPG.

In like manner, various associations are not permitted in one family unit. Any individual who has more than one association ought to instantly surrender the same.

Oil Marketing Companies embrace recognizable proof of numerous associations every once in a while and distribute the rundown of suspect cases on their sites.

In the event that your name/address includes in the presume list however you really don't have numerous LPG associations, then you are required to submit KYC shape alongside Proof of way of life and also Proof of Address showing that the families are distinctive to your merchant.

KYC Form