What is Re KYC? What are the steps for Re KYC?
Know Your Customer (KYC) data is documentation and contact information obtained while creating a bank account. According to the RBI’s recommendations, banks may request Re KYC from customers at set periods to keep the data up-to-date, which can be done by the customer by filling out a Re KYC form. For example, if any of your personal or contact information has changed, the Re KYC procedure will update it.