Legal & Compliance

Legal & Compliance

Understanding Know Your Customer (KYC) Directions

Submission of updated documents to Lendingkart:

As per sub-clause (d) of Section 38 of RBI Master Direction – Know Your Customer (KYC) Direction, 2016 updated from time to time;

In case of any updates or changes in the documents submitted to Lendingkart as a part of the KYC process, the Borrower is responsible for notifying Lendingkart within thirty (30) days of any such change and submit the updated document.

https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=12943

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