KNOW YOUR CUSTOMER
Reserve Bank of India has issued comprehensive guidelines on Know Your Customer (KYC) norms and Anti-money Laundering (AML) standards and has advised all NBFCs to ensure that a proper policy framework on KYC and AML measures be formulated and put in place with the approval of the Board.

Accordingly, in compliance with the guidelines issued by RBI from time to time, the following KYC & AML policy of the Company is approved by the Board of Directors of the Company.

This policy is applicable to all categories of products and services offered by the Company.
 
Objective
 
Customer Acceptance Policy
 
Customer Identification Procedure
 
Required KYC Due Diligence for all customers
 
Identification
 
Verification
 
Resolution of Discrepancies
 
Reporting
 
Records Retention
 
Customer CIP Notice
 
Existing Customers
 
Enhanced Due Diligence
 
Reliance on third party due diligence:
 
Risk Categorisation
 
Monitoring of Transactions
 
Risk Management
 
Customer Education
 
Applicability to branches and subsidiaries outside India
 
Appointment of Designated Director / Principal Officer
 
Annexure - I
 
Annexure - II
 
Annex-III
 
Annexure - IV
 
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