Proof of address verification expanded to include specified utility bills and government-issued documents for simplified customer due diligence. Amendment deems certain documents to be officially valid document for the limited purpose of proof of address where simplified verification measures are applied and a prospective customer cannot produce conventional proof of address; acceptable documents listed include utility bills, property or municipal tax receipts, bank or post office account statements, pension payment orders with address, employer allotment letters or leave and licence agreements for official accommodation, and documents issued by foreign government departments or foreign embassies or missions in India.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Proof of address verification expanded to include specified utility bills and government-issued documents for simplified customer due diligence.
Amendment deems certain documents to be officially valid document for the limited purpose of proof of address where simplified verification measures are applied and a prospective customer cannot produce conventional proof of address; acceptable documents listed include utility bills, property or municipal tax receipts, bank or post office account statements, pension payment orders with address, employer allotment letters or leave and licence agreements for official accommodation, and documents issued by foreign government departments or foreign embassies or missions in India.
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