Legal Question in Banking Law in India

I want to open a bank account. They ask for communication address where they can send my ATM, debit card and other valuable info in future through courier. They also ask for address proof. I can't give my home address as i live with many people in the house and its risky to receive courier in front of them. Also i go to college so there r chances that someone else may receive courier if i am not at home which will create a mess for me. I need privacy and secrecy regarding my bank account. I have also tried courier facilities but they r not ready to give their address proof. I don't even know someone who can help. i need your help. What should i do?

Asked on 2/23/14, 1:29 am

Fca Prashant Chavan Expert Edge LLP

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24.02.2014

Dear Sir / Madam,

It always pays to speak the truth ... and its hassle and tension free. As per KYC norms, you will need to provide proper address proof to the bank.

Regards,

Answered on 2/24/14, 9:03 am

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