What is the full form of KYC | KYC full form?

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KYC: Know Your Customer

KYC stands for Know Your Customer. Know Your Customer, alternatively known as know your client or simply KYC, is the process of a business verifying the identity of its clients and assessing their suitability, along with the potential risks of illegal intentions towards the business relationship.

Below are the list of documents which acts Proof of identity and Proof of address in India:

  • Passport,
  • Driving Licence,
  • Voters’ Identity Card,
  • PAN Card,
  • Aadhaar Card issued by UIDAI and NREGA Card.

Here is the A To Z Full Forms List list with description.

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