How To Change Address In UCO Bank Savings Account Documents Required The applicant is needed to submit the following papers for How To Change Address In UCO Bank Account,
UCO Bank Address Change Form PDF Download Online & Offline
Download Change Address in Savings Account in UCO Bank Account PDF Format
- Two most recent passport sizes Photographs in Color
- Account Opening Form (AOF) fully completed
- PAN Card copy/Form 60 (with grounds for not having a PAN Card)
- KYC (Know Your Customer) stands for “Know Your Customer.” Documentation Form: Proof of Identity and Address
- Proof of Date of Birth (DOB) for Minors and Senior Citizens
When the customer provides all of the above-mentioned papers to open the account, the bank will evaluate the documents and the information on the application form to determine if the customer is eligible for the savings account.
Keep in mind that these documents must be supplied along with the Account Opening Form (AOF) when opening a savings bank account. The original documents must be presented to the bank for verification.
Your savings account is established once the banker successfully verifies these documents. The bank may sometimes insist on providing an introducer, who is a current account holder of How To Change Address In Uco Bank Account Account.
KYC (Know Your Customer) information
KYC stands for Know Your Customer and is a word that is widely used in the banking or financial industry. It is a customer identification procedure that banks must follow in order to obtain certain information about their customers’ identities and addresses.
A person’s identity remains constant throughout his or her life, although his or her address may change from time to time. It should be mentioned that if a customer’s address changes, he or she must give documentation of the new address to the How To Change Address In Uco Bank Account Account.
KYC paperwork not only prevents money laundering, fraud, and benami accounts, but it also aids in the establishment of a long-term connection between the bank and its clients.
Documents used as a Proof of Identity
- Passport
- PAN Card
- Aadhaar Card
- Voter’s Identity Card
- Driving Licence with Photograph
- Identity Card/ confirmation from employer(Subject to the bank’s satisfaction)
- Letter from a recognized public authority or public servant verifying the identity and residence of the customer to the satisfaction of bank
- NREGA job card
- Identity Card / Document with applicant’s photo, issued by :
- Central / State Government and its Department
- Statutory / Regulatory authorities
- Public Sector undertakings
- Colleges affiliated to Universities (this can be treated as valid only till the time the applicant is a student)
- Professional bodies such as ICAI, ICWAI, ICSI & Bar Council etc to their members
- Credit Cards / Debit Cards issued by banks with photo
Documents used as a Proof of Address
- Passport
- Voter’s Identity Card
- Driving Licence
- Utility Bills (latest): Telephone bill, Electricity bill, Gas bill, Water bill)
- Bank account statement
- Letter from any recognized public authority
- Ration Card
- Letter from employer (subject to satisfaction of the bank)
- Other Bank pass books
- Self declaration by High Court & Supreme Court Judges giving the new address in respect of their own accounts
- Identity card/ Document with applicant’s photo, issued by:
- Central / State
- Statutory/ Regulatory authorities
- Public Sector undertakings
- Scheduled Commercial Bank
- Colleges affiliated to Universities (this can be treated as valid only till the time the applicant is a student)
- Professional bodies such as ICAI, ICWAI, ICSI & Bar Council etc to their members
Documents used as Proof of Date of Birth (Required for Minor & Senior Citizen)
- Birth Certificate
- Government ID Card
- Passport
- School Leaving Certificate
- Driving Licence
- Voter’s ID Card (with date of birth)
- Ration Card(with date of birth)
- LIC / Insurance Policy
- Pension Card (Issued by government)
Important Considerations for How to Change Address in UCO Bank Savings Account
- Investigate and create a savings account in a bank that provides the highest interest rate and other perks.
- You may also get account opening forms from the banks’ websites.
- When you open a bank account, you must present original documents to the banker for verification.
- With effect from the 2012-13 fiscal year, interest on savings accounts up to Rs 10,000 are free from Income Tax.
- For cash transactions over Rs. 50,000, the PAN (Permanent Account Number) must be provided.
- There is a guarantee that interest would be paid on savings accounts up to Rs 1 lakh in balance.