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  3. KYC for Banking Customer - Non Resident Individual

KYC for Banking Customer - Non Resident Individual

As per the RBI Master circular “RBI/DBR/2015-16/18 Master Direction BR.AML.BC.No.81/14.01.001/2015-16 “updated as on May 29, 2019, issued by Reserve Bank of India (RBI) on KYC norms (Know Your Customer), it is mandatory for all banks to periodically update customer identification documents for accounts held by them.

Customers who are due for resubmission of KYC documents are required to submit the documents mentioned below.

List of documents

  • Re-KYC Updation Form. Click here for the form: Periodic KYC Updation form
  • Identify proof: Valid passport
  • Address proof: List of acceptable address proof documents

List of Acceptable Address Proof Documents

Sr. No. Overseas Address
1 Valid Passport
2 Valid VISA Copy/ Resident Permit
3 Valid Driving License (Smart card Driving License)
4 Valid National ID card issued by the foreign govt. having the customer’s name, photograph, and address
5 Person of Indian Origin (PIO) card/ overseas Citizenship of India (OCI) card
6 Utility Bill (issue date should not be more than 2 months old from the date of Account Opening)
7 Existing Bank Statement for last 3 months - Not older than 3 months /Credit Card statement
8 Original Letter issued by Employer to their employees along with the employment letter
9 Leave & License / Tenancy Agreement along with utility bill in the name of Landlord (Permanent Address proof is mandatory).
10 FRRO Certificate in Foreign national Account for India / Overseas Address
11 Registered Purchase / Sale Deed should not be older than six month
Sr. No. India Address
1 Valid Passport
2 Valid Driving License (Smart card Driving License)
3 Voter ID/ Election Card issued by Election Commission of India
4 Person of Indian Origin (PIO) card/ overseas Citizenship of India (OCI) card
5 Job Card issued by NREGA duly signed by an officer of the State Government(Indian Address Proof)
6 Letter issued by the National Population registered containing details of Name & Address.
7 Aadhar Card (Indian Address Proof)
  • Non-residential status proof:
    • Valid Visa/ Work Permit/Residence Permit – applicable for Indian passport holder
    • Overseas Citizen of India (OCI)/ Person of Indian Origin (PIO) card – applicable for persons holding passport issued by country other than India. In case OCI/PIO card is not available then a self-declaration (Click here) with document evidencing India connect.
  • Recent passport size photograph
  • FATCA/ CRS declaration: If there is a change in current residing country, along with Re-KYC form and documents with respect to FATCA/ CRS declaration is mandatory

The customer may submit the documents through any of the following modes:.

  1. Internet Banking (Indus Net): Log in to Internet Banking at indusnet.indusind.com and submit online.
    Path: Indus Net > Service Requests > Update your KYC
    Not registered for Mobile Banking? The customer can register for Internet Banking instantly using his/her registered mobile number and debit card details. Click here
  2. Mobile Banking (Indus Mobile): Log in to Indus Mobile App and submit.
    Path: Indus Mobile > Service requests > Update your KYC
    Not registered for Mobile Banking? The customer can register for Mobile Banking instantly by following below steps:
    • Download Indus Mobile app from play store / app store
    • Register for Mobile Banking by using any of the below credentials
      1. Internet Banking Login and Password
      2. Using Debit Card (Card No., Pin, Expiry, CVV, DOB/PAN)
    • Set MPIN or swipe pattern to login
  3. At Branch: Submit the documents in person to the nearest Indusind Bank branch.
  4. Through E-Mail: The Customer may send the required documents through his/her registered email with the bank to the email id: nri@indusind.com.
  5. Courier / Post Channel: Customer directly sends (through post / courier) the self-attested copies of KYC documents to CPU office on the address below:
    IndusInd Bank Limited, PNA Square, Re-KYC Unit, Plot No. A4, Cross Road 'B', MIDC (Near MIDC Police Station), Andheri (E), Mumbai - 400 093

NOTE:

  • If there are no change in your KYC details including your current Address as updated in the Bank Records and if Aadhar is updated in your Account with the Bank, you can also submit self – declaration with confirmation of no change in KYC details to complete your Periodic Re-KYC updation. Click here for Self – Declaration Format.
  • In case of joint accounts or accounts with multiple signatories, the Re-KYC completion has to be done and submitted for each individual holder.
  • All photocopies of the documents/proofs submitted through non Branch Channel must be self-attested (self-signed) by the respective document holder and additionally certified by any one of the following:
    • Authorised officials of overseas branches of Scheduled Commercial Banks registered in India
    • Branches of overseas banks with whom Indian banks have relationships,
    • Notary Public abroad,
    • Court Magistrate,
    • Judge,
    • Indian Embassy/Consulate General in the country where the non-resident customer resides.

In case you require any further information, you may write to us at nri@indusind.com. You may also call our Contact Centre at 18602677777 for assistance.