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KYC verification process in India with Aadhaar and PAN

KYC in India- Why is it Mandatory?

August 31, 2026April 22, 2026 by Bill_Cut
Person using a calculator to review financial documents and charts

KYC or “Know Your Customer” is a mandatory process in India’s banking and fintech ecosystem. This blog explains why KYC is required, how it prevents fraud, and its role in financial inclusion.

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