Essential KYC Documents for Banking (2026 List)
ComplianceRead Time: 3 min
KYC (Know Your Customer) is a mandatory process implemented by the RBI to prevent identity theft, financial fraud, and money laundering. You need KYC to open an account, invest in mutual funds, or get a credit card.
Officially Valid Documents (OVDs)
As per RBI guidelines, you generally need two things: Proof of Identity (POI) and Proof of Address (POA). Sometimes, a single document serves both purposes.
- Aadhaar Card: The most widely accepted document. Serves as both POI and POA.
- PAN Card: Mandatory for large transactions and account opening (POI only).
- Passport: Excellent for both POI and POA.
- Voter ID (EPIC): Accepted as both POI and POA.
- Driving License: Valid for both, provided it has your current address.
- NREGA Job Card: Signed by a State Government officer.
Video KYC (vKYC)
In 2026, almost all banks offer Video KYC. You don't need to visit a branch! Keep your original PAN card handy, ensure good lighting and internet, and sign on a blank paper during the video call with the bank executive.