KYC

Why KYC Is Required
As per RBI guidelines, all users applying for any financial product must complete full KYC with the respective Bank/NBFC/Insurer.
Great FinSure only facilitates the initial stage of the application.
All final KYC verification is performed exclusively by the financial institution.

Types of KYC Used by Lenders

• Aadhaar OTP-based eKYC (where permitted by UIDAI & RBI)
• Video KYC (as per RBI circulars)
• CKYC (Central KYC Registry)
• Offline KYC (in-person verification)

Documents Generally Required
Document requirements vary by lender, but commonly include:

• Aadhaar
• PAN
• Address Proof
• Income Proof (for loans/credit cards)
• Photograph

Regulatory Notes

• Great FinSure does not collect or store sensitive biometric data.
• All verification is done via the regulated partner’s official channels.
• KYC completion is mandatory as per PREVENTION OF MONEY LAUNDERING ACT (PMLA), RBI, and IRDAI norms.