Understanding Know Your Customer (KYC) Directions

Last updated on 4th May 2023

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.

You may find the reference to the circular here – https://www.rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=11566.