If you have an account at the Bank of Baroda and received an email about updating the BoB KYC details before a certain date, you must not avoid that. It may lead to temporary deactivation of your account, causing unnecessary hassles. You may even have to go through the hassle of reactivating your account. This is why you must update your KYC details with due diligence before reaching the due date.
This blog will walk you through a comprehensive guide on how to update BoB KYC while highlighting other associated details that you need to know.
How to Update Bank of Baroda (BoB) KYC Online?
You will have to undergo the BoB Re-KYC procedure to complete the KYC online.
Here is a step-by-step guide for this process:
- Step 1: Open the official website of the Bank of Baroda via your latest browser.
- Step 2: Go to the ‘Re-KYC through VCIP’ page.
- Step 3: Read the given instructions and click on ‘Okay’.
- Step 4: Enter your registered mobile number and customer ID.
- Step 5: Fill in the ‘Customer Details’, ‘Declaration Consent’, ‘Personal Details’ and ‘Additional Details’ sections available in the BoB online KYC form.
- Step 6: Submit the duly filled online form.
- You will receive a Unique Reference Number or URN and the page will redirect you to a Video KYC call.
- Step 7: Answer all queries of the BoB representative on the video call.
After these steps, the process of Bank of Baroda online KYC update will be complete and a bank representative will update your KYC information.
How to Update Bank of Baroda (BoB) KYC Offline?
Here is a stepwise process you need to follow to update the KYC at BOB offline:
- Step 1: Visit the home branch of the Bank of Baroda.
- Step 2: Request for the BoB KYC application form.
- Step 3: Fill in the application form with the personal, PAN card, residential and income details and attach your passport-size photographs with it.
- Step 4: Submit your duly signed and filled application form at the counter.
In this regard, You can complete the re-KYC application process offline without visiting the home branch. You can also initiate this process via the official website. Here’s how to do so.
- Step 1: Download the application form from the official website of the Bank of Baroda.
- Step 2: Fill in the BoB KYC application form and attach all the necessary KYC documents including your PAN card.
- Step 3: Send the duly signed form to your home branch via email, courier or post.
Documents Required for BoB KYC
You need to produce the following documents for completing the KYC at the Bank of Baroda:
- PAN Card or Form 60 (in the absence of your PAN card)
- Aadhaar Card
- Passport
- Voter ID card
- NREGA Job Card
If the above-mentioned documents do not contain your present address, you will have to provide any of the following documents:
- Utility Bill (electricity/gas/water/postpaid mobile bill)
- Accommodation allotment letter
- Property tax receipt
Bank of Baroda KYC Rules & Regulations
Here are some prerogatives to keep in mind while updating the BoB KYC information:
- If you have a joint account with another person, all the account holders must submit the re-KYC declaration form separately.
- If it is a minor account, both the account holder and guardian will have to submit the re-KYC declaration form separately.
- All the information provided in the form should be authentic.
- Having an original PAN card is mandatory for online KYC. If you do not have a PAN card, you must submit Form 60.
- BOB customers must ensure that the mobile number registered at the bank is linked to their Aadhaar card.
Why Is it Important to Update BoB KYC?
Here are the major reasons for updating your KYC:
- According to the guidelines of RBI, all banks including the Bank of Baroda, need to update the details of customers in their depository periodically.
- In case you miss the last date of the KYC update, your BoB account may be suspended or deactivated. As a result, you may face restrictions during your financial transactions involving your BoB account.
Bank of Baroda KYC Form
If you need to perform the due diligence of updating the KYC at BoB, you can download the BOB KYC form. If the online process is more convenient, you can visit the BoB Video Re-KYC page and follow the instructions to proceed further.
Final Word
Bank of Baroda has now simplified the process of updating KYC with its online BoB KYC process through video conference. Now, you do not have to visit the offline home branch of BoB. It is possible to complete the process from your latest mobile browser, Chrome for Android and Safari for iOS. If you receive a message or email regarding the BoB re-KYC request, all you need to do is follow the outlined steps mentioned in this detailed blog.
Top Investment Pages
FAQs
You can submit your BoB Video re-KYC application form at any time and get the URN. However, you can make the video call for the KYC update only between 10 AM and 5:30 PM on working days.
You will have to stay ready with a blue or black ballpoint pen and your PAN card before conducting the online Bank of Baroda KYC updating process.
During the online video KYC of BoB, the official platform captures the image of your Aadhaar card, Aadhaar verification OTP, image of your face, picture of the PAN card, live location and your signature.
Yes, you can open a BoB bank account by filling in an account opening form and conducting the online video KYC.
Disclaimer
This article is solely for educational purposes. Stable Money doesn't take any responsibility for the information or claims made in the blog.
