CKYC Kya Hota Hai ? CKYC in Insurance Policy| KYC from 01/01/2023 | New KYC for Insurance | KYC Rule
CKYC Kya Hota Hai ?
CKYC in Insurance Policy
KYC from 01/01/2023
New KYC for Insurance
KYC Rule
“In this video, we will be discussing CKYC (Central KYC Registry) and what it means for insurance policyholders. Starting January 1, 2023, all insurance policyholders will be required to complete the new KYC process as per the new rule. We will explain what the CKYC process entails and how it will affect you as a policyholder. Stay informed and be prepared for the new KYC rule with this video.” CKYC (Central KYC Registry) is a centralized database maintained by the Reserve Bank of India (RBI) that stores the Know Your Customer (KYC) information of individuals and entities. It is used to ensure compliance with anti-money laundering (AML) and countering the financing of terrorism (CFT) regulations. Starting January 1, 2023, it will be mandatory for all insurance policy holders to submit their CKYC details as part of the KYC process for new policies and renewals. This is a new rule implemented by the Insurance Regulatory and Development Authority of India (IRDAI) to improve customer due diligence and prevent financial crimes.
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“Insurance Guru” Presenting Video – CKYC Kya Hota Hai ? CKYC in Insurance Policy| KYC from 01/01/2023 | New KYC for Insurance | KYC Rule ,
CKYC Kya Hota Hai ? CKYC in Insurance Policy| KYC from 01/01/2023 | New KYC for Insurance | KYC Rule
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