Legal Question in Banking Law in India
is it necessary that a borrower should compulsorily the residence of where his land exists, in case of kcc
Asked on 8/18/13, 5:57 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
18.08.2013
Dear Sir / Madam,
The borrower is required to give his residential address as proof for Know Your Customer (KYC) norms ... it is where all the correspondence of the bank is required to be couriered / mailed to the borrower.
Regards,
Answered on 8/18/13, 7:58 am
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