Bank of Baroda KYC Form

What is Bank of Baroda KYC Form?

The Bank of Baroda KYC Form is used to collect and update customer KYC details as part of periodic compliance. Self-declaration can be used by individual customers to declare no change or address changes, and the Re-KYC Form can be used to make other changes. KYC is applied to customers opening or maintaining a BOB savings account.

How to Get Bank of Baroda KYC Form

The Bank of Baroda KYC Form is available to customers in the following ways:

• Download Online: Go to the official Periodic Updation of KYC page of Bank of Baroda and download the relevant KYC form to be filled by individuals or non-individuals.
• Visit a Branch: Customers can visit their home branch or any other branch of the Bank of Baroda and get and file the relevant KYC form.
• Online/Video Re-KYC: Eligible customers may do Re-KYC online or visit the Bank of Baroda Video Re-KYC service with the necessary Aadhaar and PAN details, as per the bank's eligibility criteria.

Key Sections of the Bank of Baroda KYC Form

The required information may vary depending on the nature of KYC update and the form being submitted. The key information normally includes:

• Customer and account details: Enter the customer and account information
• Personal details: Give information like the name and the date of birth.
• PAN/Form 60: Submit PAN or Form 60, wherever applicable.
• Address details: Complete existing address and other address details.
• KYC document details: Provide details about the valid KYC document that is being provided.
• Declaration and signature: Sign and complete the declaration.

Bank of Baroda Video Re-KYC

Bank of Baroda offers Video Re-KYC to eligible individual resident customers. Customers enter their basic information online, and the bank assigns a Unique Reference Number (URN) to the video verification process. Once the video session has been verified, the KYC information is updated. Video Re-KYC requirements are:

• Aadhaar number (the physical Aadhaar card is not required)
• Original PAN card
• Aadhaar registered mobile number with the bank
• Valid email ID
• White sheet of paper
• Blue or black pen
• Camera and microphone on an internet enabled device

Bank of Baroda CKYC

Bank of Baroda also promotes Central Know Your Customer (CKYC), which centralises customer KYC records. This can minimise the need to file the same KYC documents where no change has occurred in the available information. For customers who open or continue having a savings account, CKYC can be part of the bank KYC process depending on the requirements.

Documents Required for Bank of Baroda KYC Form

The documents needed are based on the type and category of the KYC update of the customer. The submission of either PAN or Form 60 is required for individual customers such as NRIs, OCIs, PIOs and foreign nationals. The documents usually contain:

• Valid OVDs: Passport, driving licence, Aadhaar proof, Voter ID, NREGA job card or NPR letter.
• Proof of address: Recent utility bill, property tax receipt, pension order or employer accommodation letter, as required.
• Joint account holders: Every account holder must submit a valid OVD.
• Foreign students: Passport, visa, student ID, address and admission letter where applicable.
• NRI customers: OVD and foreign address document, e.g. passport, utility bill, lease or bank statement.
• OCI/PIO customers: OVD and acceptable evidence of overseas address, where required.
• Foreign nationals/tourists: Foreign passport, Indian visa and foreign/present address.
• PAN/Form 60: It is compulsory for individual customers, NRI, OCI, PIO, and foreign nationals.

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How to Submit the Bank of Baroda KYC Form

Bank of Baroda provides both online and offline KYC completion. The available method is conditioned on customer eligibility, as well as on the nature of KYC update.

• Online Re-KYC: Customers who meet the eligibility criteria can complete Re-KYC through the bank's web portal using their Aadhaar number.
• Video Re-KYC: Eligible resident individual customers with Aadhaar and original PAN are able to do Re-KYC using a video call with a bank official.
• Home branch: Customers may fill KYC form, duly signed and provide a copy of valid KYC documents to the home branch.
• Email, post or courier: Customers with no change in KYC information or only an address change can submit the applicable signed self-declaration through the permitted channels.

Common Mistakes While Filling the Bank of Baroda KYC Form

It is important that customers review the forms and documents before submission. Common mistakes include:

• Incorrect details: Confirm the name, date of birth and account information
• Outdated documents: Provide valid and updated KYC documents.
• Wrong form: Choose the form depending on the change, change of address or other KYC update.
• Missing PAN/Form 60: Include the PAN or Form 60 information
• Incomplete fields: Complete all fields.
• Missing signature: Sign the necessary statement and submit it.
• Incorrect documents: Check that the documents given are the same as the information given.

Processing and Confirmation of Bank of Baroda KYC Update

The duration of updating KYC can be different according to the method of submission, verification of information and documents. In physical submissions, the bank verifies the form signed by a customer with supporting documents. Video Re-KYC updates the information after the video session is completed and verified. To check the status of their KYC update or clarify on the documents needed, customers can call Bank of Baroda or their home branch.