RBI confirms centralized KYC for all bank accounts coming soon

deb3l wrote:
// RBI clarified that if the details of one's KYC remain the same as before, then just sending an e-mail to the banks or even informing the bank via text message from the registered mobile number should suffice. //

Idiotic bank people are still ignoring this as of now! People should be made more aware of this.

deb3l wrote:
// RBI clarified that if the details of one's KYC remain the same as before, then just sending an e-mail to the banks or even informing the bank via text message from the registered mobile number should suffice. //

Idiotic bank people are still ignoring this as of now! People should be made more aware of this.

After you argue with those intelligent bank officials, the scene may turn somewhat similar..👇.! 

Much needed clarification, the legality of account freezing by banks (without reasonable suspicion and orders from FIU/Investigation agency) should follow next without further delay

getready wrote:

Much needed clarification, the legality of account freezing by banks (without reasonable suspicion and orders from FIU/Investigation agency) should follow next without further delay

Some banks use account freezing trick as a business

drupal wrote:

Some banks use account freezing trick as a business

dosa wrote:

After you argue with those intelligent bank officials, the scene may turn somewhat similar..👇.! 

guest_999 wrote:
Tell this to certain bank branches officials who say they can't even open acc without aadhaar.

good move , similar step sud also for the credit card , with that indian CIBIL NESL coming into picture.. enough of of stupid internal policy as reason for rejection

After TRAI's Sim port looks like RBI also helping upcoming Reliance/Adani bank😂

deb3l wrote:
It's more like the fight against unnecessary oppression, that too for keeping your money in theirs pockets. People should fight it ALWAYS, no matter what [email protected] they accuse you of!

Legit kyc checks and updates are okay (in longgg periods) not the blind ones where they demand it for ALL no matter what kind of txn takes place in your account.

A welcome move!! Few months back STOP was placed on my account by Lunch Time Bank aka SBI because of KYC overdue.

deb3l wrote:
// RBI clarified that if the details of one's KYC remain the same as before, then just sending an e-mail to the banks or even informing the bank via text message from the registered mobile number should suffice. //

Idiotic bank people are still ignoring this as of now! People should be made more aware of this.

Oh crappy SBI did freeze my account.

guest_999 wrote:
Tell this to certain bank branches officials who say they can't even open acc without aadhaar.

True.

Last week my friend went to open new account in BoB . They lady clearly shouted that we only open using Aadhar. I was listening all this [email protected] and simply said ma'am if you could provide in writing or show RBI circular for the same.

Later on she changed the topic and started saying other documents se fraudulent hona ka chance rehta hai and what not.

We were stuck to open account without Aadhar. Then she finally agreed and completed the process. For documents, my friend submitted Pan and driving licence. And things were sorted finally.

desiman wrote:
had to face this reKYC for doing those 1 rupee send money transfer bank people said u are doing more transactions and that has triggered this Re KYC 

drupal wrote:

Some banks use account freezing trick as a business

ICICI tops the list 

demerius2020 wrote:

good move , similar step sud also for the credit card , with that indian CIBIL NESL coming into picture.. enough of of stupid internal policy as reason for rejection

By the way NESL doesn't provide any Score 

M.MAHI wrote:

True.

Last week my friend went to open new account in BoB . They lady clearly shouted that we only open using Aadhar. I was listening all this [email protected] and simply said ma'am if you could provide in writing or show RBI circular for the same.

Later on she changed the topic and started saying other documents se fraudulent hona ka chance rehta hai and what not.

We were stuck to open account without Aadhar. Then she finally agreed and completed the process. For documents, my friend submitted Pan and driving licence. And things were sorted finally.

Gulag-Survivor wrote:
@Loaferg @M.MAHI That's why privatization of these banks is required to improve accountability and competence.Once I was facing an issue with auto debit transaction,SBI branch manager was clueless about NACH mandate.He was like "Wo kya hota hai beta? " What the hell is that ?     

I have been using my CKYC no. generated by RBL bank for all credit card/bank account etc

I really hope SBI starts doing this. Visiting the home branch for everything is just archaic. My YONO OTP is always sent to a number i had used 14 years ago when MNP was not dreamt by indians. Even though my KYC is complete and number updated since 2011, on which i get all txn OTPs I am not able to log in to YONO. I am told to go to home branch in a different state and do a re KYC. 

Loaferg wrote:
This people are rascals . They purposely do this to give unnecessary tension to people and harass them. it is a feel good factor for them .

deb3l wrote:
You should have said them to write to Amazon for forcing* us to carry out such txns!

And besides, it's my money.. it should be none of their business how I'm gonna spend it, as long as am doing under their mentioned criteria/ conditions (they have many such already) and still crying for this as if I'll run away with my own money.. lol

anyone knows how can I get 14 digit cKYC no. generated from my SBI account ?