Documents for Opening Accounts!

1. Know Your Customer - KYC:

Account Opening and KYC. Know Your Customer - KYC enables banks to know/ understand their customers and their financial dealings to be able to serve them better and manage its risks prudently.

When opening an account in bank in person, most banks require:

● Account Opening form duly filled-in
● PAN Card / Form 60 (with reasons of not having PAN Card)(identity proof)
● Passport/Aadhar Card (Address and identity proof documents.)
● Latest photographs of the applicant
● Proof of Identification & Signature
● Proof of Address

List of popular banks in india:

bank logo

2.Indian Currency:

The Indian rupee (sign: ₹ ; code: INR), is the official currency of the Republic of India. The rupee is subdivided into 100 paise (singular paisa).The issuance of the currency is controlled by the Reserve Bank of India.In 2010, a new symbol '₹', was officially adopted. On 8 November 2016 the Government of India announced the demonetisation of ₹500 and ₹1000 banknotes with effect from midnight of the same day, making these notes invalid.On 25 August 2017, a new denomination of ₹200 banknote was added to Indian currency to fill the gap of notes due to high demand for this note after remonetisation.

Indian Currency listed below: