Bank of Maharashtra KYC Form

What is Bank of Maharashtra KYC Form?

Bank of Maharashtra KYC Form is used to collect and update customer information for KYC compliance, including for a Bank of Maharashtra savings account. Its Self-Declaration Form is used when there are no changes to the existing KYC details. It includes name, date of birth, Customer Information File (CIF), account number, address, contact details, occupation, income, PAN and CKYCR number. The Customer Request Form is used to update details such as PAN, Aadhaar, address, email ID, name and mobile number.

How to get Bank of Maharashtra KYC Form?

The Bank of Maharashtra KYC Form is available on the bank’s official channels. The choices available to customers having a savings account are:

• Offline Method: Walk into your nearest Bank of Maharashtra branch or home branch, request a Self-Declaration Form for Periodic Updation of KYC or a Customer Request Form, fill it out, and submit it with your identity and address proofs.
• Online PDF Download: Go to the official Bank of Maharashtra Downloads portal, find the Self-Declaration Form for Periodic Updation of KYC link, and print the PDF file.
• Digital / Video Re-KYC Alternative: If you want to update your KYC without paperwork or a physical branch visit, you can use the paperless Bank of Maharashtra Re-KYC Portal or Video KYC Platform to complete verification via a live video call.

Key Sections of the Bank of Maharashtra KYC Form

There are certain key sections in the Bank of Maharashtra Self-Declaration Form for Periodic Updation of KYC. All customers have to enter the details accurately before submitting the form.

• Branch Details: Enter the Bank of Maharashtra branch name.
• Personal Details: Provide the title, first name, middle name, last name, father's/mother's or spouse's name and date of birth.
• Account Details: Enter the CIF number and account number.
• Address Details: Include your current address as well as permanent address with city, district, state and PIN code.
• Contact Details: Enter the mobile number and email ID registered with the bank.
• Financial Details: Provide occupation details, annual income and source of income.
• KYC Details: Enter PAN and CKYCR number, if available.
• Declaration and Signature: Confirm that there has been no change in the existing KYC information and provide the date, place and signature or thumb impression.

Bank of Maharashtra Video KYC

Bank of Maharashtra offers Video KYC or Video-based Customer Identification Process (V-CIP) for eligible customers. The bank offers a live video interaction for customer identification, and the whole process is handled by trained bank officials.

Video KYC may use:

• Aadhaar OTP-based e-KYC
• Offline Aadhaar verification
• KYC records retrieved from CKYCR
• DigiLocker or equivalent e-documents

Bank of Maharashtra CKYC

Bank of Maharashtra uses the Central KYC Records Registry (CKYCR) for KYC records. Customers may provide their CKYCR number for the KYC checks, and then the bank can quickly search and download CKYC details from Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI).

The Bank of Maharashtra KYC form also includes a CKYCR Number field for customers who have one.

How to Submit the Bank of Maharashtra KYC Form

The Bank of Maharashtra KYC updation process can be completed through different channels.

• Through WhatsApp Banking: Customers whose KYC information has not changed can use WhatsApp Banking for periodic KYC updation. Add 7066036640 to the contact list, access WhatsApp Banking and select the Re-KYC option under the service request menu.
• Through Mobile Banking: Bank of Maharashtra has a mobile banking application that includes a Re-KYC facility.
• Through Robotic Process Automation (RPA): All eligible customers can confirm whether their KYC information has changed through the bank’s RPA process. If there is no change, Re-KYC can be completed after confirmation. If there is a change, the customer must complete the process through V-CIP or by visiting a branch.
• Through V-CIP: Customers who want to change their KYC info can complete a fresh KYC through a Video-based Customer Identification Procedure, if applicable.
• By Visiting a Branch: All customers can submit the required KYC documents and details at a Bank of Maharashtra branch. The bank also provides an acknowledgement for documents received for periodic KYC updation.
• Through Customer Request Form: For limited updates such as PAN, Aadhaar, address, email ID, name and mobile number you can use the customer care request form.

Common Mistakes While Filling the Bank of Maharashtra KYC Form

Here are some of the common mistakes to avoid when you filling out the Bank of Maharashtra KYC Form:

• Wrong Details Entered: Check the CIF number, account number, name, date of birth and address before submission.
• Providing Incorrect KYC Information: Verify that the data entered is consistent with the bank’s existing data.
• Mandatory Fields Empty: Complete the mandatory fields in the form.
• Not Updating Changed Details: The self-declaration form is used when KYC information has not changed. If there is a change, customers may need to do KYC through V-CIP or visit a branch.
• Not Taking an Acknowledgement: The bank issues an acknowledgement stating the date of receipt of all the necessary documents/self declaration for periodic KYC updation.

Processing Time and Confirmation

Bank of Maharashtra states that information and documents received during periodic KYC updation should be promptly updated in its Core Banking Solution (CBS), with an intimation through email or message mentioning the date of KYC updation. The bank also provides an acknowledgement for the documents or self-declaration received. Customers can complete KYC while managing their best savings account requirements through the applicable channel.