BOB Bank Issued notice - Rightsofemployees.com https://www.rightsofemployees.com Know Your Rights Wed, 15 Mar 2023 05:50:32 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://www.rightsofemployees.com/wp-content/uploads/2018/01/cropped-emp1-32x32.png BOB Bank Issued notice - Rightsofemployees.com https://www.rightsofemployees.com 32 32 Bank Issued notice for Customers! Bank of Baroda has issued an alert to the customers regarding Central KYC https://www.rightsofemployees.com/bank-issued-notice-for-customers-bank-of-baroda-has-issued-an-alert-to-the-customers-regarding-central-kyc/ Wed, 15 Mar 2023 06:28:44 +0000 https://www.rightsofemployees.com/?p=12777 KYC Alert: If your account is in public sector Bank of Baroda, then this news is very important for you. Actually, Bank of Baroda (BoB) has issued an alert to its customers regarding Central KYC (C-KYC). The bank said, the customers who have been contacted for C-KYC should immediately go to the branch and submit […]

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]]> KYC Alert: If your account is in public sector Bank of Baroda, then this news is very important for you. Actually, Bank of Baroda (BoB) has issued an alert to its customers regarding Central KYC (C-KYC).

The bank said, the customers who have been contacted for C-KYC should immediately go to the branch and submit their KYC documents. BoB has given this information by tweeting.

Submit KYC documents by March 24

Bank of Baroda (BoB) said in a tweet, notice to customers. Customers who have received notices/SMS/calls for CKYC from the bank are requested to visit their branch immediately and submit the KYC documents to their branch by 24th March. Please ignore if you have already submitted.

C-KYC has replaced KYC. Now there is no need to complete the KYC process again and again to open a bank account, buy life insurance, invest in mutual funds. The records of C-KYC are stored in digital form with CERSAI. With this, institutions will not get a chance to duplicate your data. Also, the institutions will also be able to know whether you have fulfilled the KYC norms or not.

C-KYC has replaced KYC. Now there is no need to complete the KYC process again and again to open a bank account, buy life insurance, invest in mutual funds. The records of C-KYC are stored in digital form with CERSAI. With this, institutions will not get a chance to duplicate your data. Also, the institutions will also be able to know whether you have fulfilled the KYC norms or not.

The post Bank Issued notice for Customers! Bank of Baroda has issued an alert to the customers regarding Central KYC first appeared on Rightsofemployees.com.

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