The Covid-19 pandemic has led to more online facilities than offline services. It benefits the customers of the country’s public sector banks. They do not require you to physically visit the bank to update the KYC. The State Bank of India has taken the step to allow its customers to submit their documents through post or email.

The KYC can be updated based on the documents received from the customers by post or registered email. As KYC documents have become mandatory for all account holders.

Here are the steps to update KYC online:

Step 1: The customers need to scan the address for proof and identity proof to their respective bank branch via email or post.

Step 2: The mail should be sent from the registered email address while sending the documents.

Step 3: You need to send your KYC documents only when the KYC document is due in your account.

Step 4: The documents to be verified are passport, voters identity card, driving license, Aadhaar card, NREGA card, PAN card, and one identity document and proof of address (either permanent or current).

Step 5: If it’s a minor account, then the minor should be less than 10 years of age, and ID proof of that person will operate the account for the submission of documents.

Step 6: When the minor can operate the account independently, KYC procedure identification or address verification would apply in the case of any other individual.

Step 7: If the account holder is an NRI, then he needs to submit passport and residence visa copies attested by foreign offices, Notary Public, Indian Embassy, and Officers of correspondent banks whose signatures are verifiable through an authorised (A/B category Forex handling branch) branch of the Bank.

Step 8: For small accounts where the aggregate of all credits in a financial year does not exceed Rs 1 lakh and then, the aggregate of all withdrawals and transfers in a month does not exceed Rs 10,000, and the balance at any point of time does not exceed Rs 50,000.

A small account means savings account for the submission of a self-attested photograph and affixation of a signature or thumb impression before the officer of the Bank who is authorised to approve the opening of accounts who will certify under his signature that the person opening the account has affixed his signature or thumb impression, as the case may be, in his presence.

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