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04 - FAQ’s

4.3 - KYC & Contactability

16. I understand Date of Birth of individual customer but what
is Date of Incorporation?
Date of Incorporation is the date on which a non-individual entity (like
proprietary firm, Partnership, Private Ltd. or LLP etc.) is legally registered.
The Date of Incorporation can be located from one of the registered
documents for eg., for proprietary firm it should be shop establishment
license, for Partnership firm it could be date mentioned as per the
partnership agreement. For LLP, Private Ltd. and Public Ltd. entities it
would be date of registration as per Registrar of Companies (ROC)
certificate.

17. In KYC individual section, why asterisk is marked on Aadhaar* and
PAN* in the application form?
These are mandatory documents to be collected from the customer as
part of KYC document for individuals. In case of Proprietary, Partnership,
Pvt Ltd, Ltd, LLP; PAN would be mandatory.

18. What can be done if the mandatory documents (Aadhaar and
PAN) are not available with the applicant or co-applicant?
What are the alternative documents?

Aadhaar and PAN card are mandatory for executing number of financial
transaction including registration of property in few of the states. So
it is advisable for the customer to apply for the document and submit
along with application form. In rare instance, where the applicant is not
income earning member or owner of property especially in case of
senior citizens, PAN card may not be available. In such situations, special
approvals can be taken prior to login of the application form.

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