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5th August 2016, 08:22 AM
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Join Date: Mar 2013
Re: KYC State Bank Of Mysore

KYC Norms were Introduced in 2002 by Reserve Bank of India with the purpose to prevent money laundering, terrorist financing, theft and so on.

The objective of Know Your Customer guidelines is to prevent banks from being used, intentionally or unintentionally, by criminal elements for money laundering activities.

Know your customer procedures also enable banks to know/understand their customers and their financial dealings better which in turn help them manage their risks prudently.

KYC-Documents- Individuals
Individuals (Documents acceptable as proof of identity/ address)
i) Passport
ii) Driving Licence
iii) (Permanent Account Number) (PAN CARD)
iv) Voter’s Identity Card
v) Job card issued by NREGA
vi) Aadhaar Letter/Card.


KYC-Documents- Non-Individuals
COMPANIES:

• Certificate of Incorporation;
• Memorandum and Articles of Association;
• Certificate of Commencement of Business ( where applicable )
• A resolution from the Board of Directors and power of attorney granted to its managers , officers or employees to transact on its behalf; and
• Any officially valid document in respect of managers, officers or employees holding an attorney to transact on its behalf.
• Proof of identity & address of all the beneficial owners (natural persons if beneficial owners are non individuals )


Know Your Customer Application Form





Contact Details :
Phone: 91 80 22353901 to 22353909 ; 22353473.extn.380
Fax: 91 80 22283684

Address :

State Bank of Mysore Head Office :
H .O.: K.G.Road, Bangalore - 560254,
INDIA


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