New Delhi: For the convenience of its customers, SBI is constantly taking new steps. Under which the bank has taken another decision and if you are also the account holder of the State Bank, then it is necessary to complete the work by February 28. Otherwise, your account can also be closed. The thing is that SBI had already told its customers that they should complete the KYC process associated with their bank account. If they fail to do so, then the transaction will be stopped from their bank account. The bank has taken this step after the decision taken by RBI.

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What is KYC?
KYC (Know Your Customer) means to keep complete information about the customer of the bank. Under this, the bank asks for more important information in addition to your name, address, date of birth. For this, he essentially asks for Aadhaar card, voter ID card, etc. If you do not present these documents, then your information remains incomplete and the bank closes your account so that no unauthorized transactions take place from it. SBI has alerted its customers by sending a message for several days. In its SMS, the bank has said that according to the instructions of the Reserve Bank, you are required to update all the information in your bank account.

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If you are also going to get your KYC done then you can use a passport, voter ID card, driving license, Aadhaar card/card, NREGA Card, pension payment order, identity card issued by post offices. You will also have to provide proof of your address for which you have a telephone or electricity bill of your home, details of last three months of bank account, letter issued by the recognized officer, papers of income tax, tax and property tax, such as credit card statement. For SBI to update KYC in your account, you will have to go to the bank and provide documents related to your name, address and other information there. You have to submit these documents with a form in the bank. Then you will have KYC. The last date for this KYC is February 28.

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