Kyc: Latest News and Updates, Top Stories, Videos, Photos About Kyc

EPFO Raises Partial Withdrawal Limit For Medical Treatment To Rs 1 Lakh

The Employees' Provident Fund Organisation (EPFO) has announced a significant enhancement in the eligibility limit for partial withdrawals from the Employees' Provident Fund (EPF) account for medical treatment purposes. Effective immediately, subscribers can now claim up to Rs 1 lakh for ...

Relief For Mutual Fund Investors As March 31 Re-KYC Deadline Looms; What Are The Things To Remember?

As the clock ticks down on the re-KYC (know your customer) deadline for mutual fund investors, a recent communication has brought a sigh of relief. With just two days remaining before the March 31, 2024 deadline, investors have received a reprieve ...

EPF KYC Update: New Features For Smooth Transactions, Enhanced Financial Security; Details Here

The Employees' Provident Fund Scheme stands as a cornerstone for financial stability for employees in India, ensuring a secure future post-retirement or in case of unforeseen events. Administered by the Employees' Provident Fund Organisation (EPFO), this scheme necessitates periodic updates of ...

Govt To Consider Unified KYC: Here's What Mutual Fund, Insurance, Stocks, Bank Account Customers Should Know

Know Your Customer (KYC) process across India's financial sector, the government is considering the implementation of uniform KYC norms. This significant proposal, spearheaded by the Financial Stability and Development Council (FSDC) and championed by Finance Minister Nirmala Sitharaman, seeks to revolutionize ...

India To Roll Out A Uniform Approach For Know Your Customer (KYC) Norms

India's Financial Stability and Development Council sub-panel stated on Wednesday that it aims to implement a uniform approach for Know Your Customer (KYC) norms throughout the banking industry and stop illicit lending based on Internet applications, according to a Reuters report. ...

FASTags with Incomplete KYC to be Deactivated by Banks: NHAI

NHAI announces the deactivation of FASTags with valid balances but incomplete KYC by banks after January 31, 2024. This move aims to enhance the efficiency of the electronic toll collection system and promote the 'One Vehicle, One FASTag' initiative....

FASTags with Incomplete KYC to be Deactivated by Banks: NHAI

NHAI has announced that FASTags with valid balances but incomplete KYC will be deactivated by banks after January 31, 2024. This move aims to enhance the efficiency of the electronic toll collection system and promote the 'One Vehicle, One FASTag' initiative....

KYC Is Incomplete? Your FASTag May Get Deactivated/Blacklisted After Jan 31; Get Complete Details Here

FASTag Alert: The National Highway Authority of India (NHAI) has issued an important announcement on Fastag. According to the NHAI, Fastags with incomplete KYC will be canceled or deactivated after January 31. This means that even if you have valid FASTags ...

Year Ender 2023: RBI’s 5 Transformational Moves In The Realm of Digital Lending

As we venture into 2024, this year has been nothing short of a journey, especially in the realm of Digital Lending. With the augment of RBI intervention that launched a series of impactful policy changes, the world of Digital lenders has ...

Is Aadhaar Biometric Authentication Mandatory To Buy New Mobile Number?

After its successful passage in Lok Sabha on Wednesday, The Telecommunication Bill, 2023 was passed in the upper house of Rajya Sabha on Thursday. The new law once enacted will bar individuals from buying mobile SIM cards sans undergoing biometric-based authentication, ...

How To Update KYC Online; Check Step-By-Step Process Here

Updating KYC (Know Your Customer) details regularly is a must-do thing for everyone to protect their financial system. The process of updating KYC is simple and can be done by just sitting, without having the need to visit a bank to ...

Irdai Forms Task Force To Facilitate Ease Of Doing KYC Using 'Aadhaar'

Regulator Irdai has constituted a task force to facilitate ease of doing Know Your Customer (KYC) by insurers using Aadhaar, the 12-digit individual identification number. In a circular, the Insurance Regulatory and Development Authority of India (Irdai) said presently, the UIDAI ...

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