A cheque is a financial instrument that authorises financial institutions to pay its holder on behalf of the issuing party. They can also be used in KYC procedures, for example, when you open an equity account to trade... moreHow to write a cancelled cheque?
A cheque is a financial instrument that authorises financial institutions to pay its holder on behalf of the issuing party. They can also be used in KYC procedures, for example, when you open an equity account to trade in securities. During this process, you are asked to submit a cancelled cheque.
Hero FinCorp Documents Required for Online KYC and Document Preparation before Loan Application
KYC, or Know Your Customer, is a mandatory procedure that involves identifying and verifying the identity of a customer seeking services of a financial institution. It is... moreDocuments Required for Online KYC and Document Preparation before Loan Application
KYC, or Know Your Customer, is a mandatory procedure that involves identifying and verifying the identity of a customer seeking services of a financial institution. It is to be done by the service provider. Whether you want to apply for a loan, deposit money or transfer money from one account to another, you must complete the KYC procedure with the financial institution before availing of these services.