Care with KYC documents

Care with KYC documents

In ordinary course we keep issuing and submitting our KYC documents (identity and residential proofs, such as PAN card, electricity bill etc.) to various people. For housing or car or other loans, bank accounts, or even for buying new sim card we submit these documents.

At almost all these places they ask for self certification on these documents. We immediately sign those documents and hand over. Just imagine yourself certified copies are freely available in the hands of such persons & those documents can be used by him for EVERYTHING!

It’s really serious and it’s been seen that in most of the terrorist activities, KYC documents are sourced from the SIM card sellers.

Hence, please inculcate a 'HABIT' of writing the date and purpose for which you are submitting the self certified KYC Documents so that those documents cannot be used again.

it's very important to write the date and purpose, which we never do while submitting KYC documents.

Here afterwards sign as

1..........signature
2..........Date
3.........Purpose
4.........and not to be used for other purpose

Regards

Pralhad Jadhav

Khaitan & Co