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Why complying with requirement of KYC, I/We are advised to approach to submit the documents duly verified by embassy or Notarized?

April 26, 2017advised approach complying documents duly embassy kyc requirement submit verified

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Why complying with requirement of KYC, I/We are advised to approach to submit the documents duly verified by embassy or Notarized?

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It is a Mandatory requirement from NSDL. In India it is compulsory to have “In Person Verification” of Client at the time of Opening an Account, But in case of NRI if they are not able to come to India than in that case they have to Notarized Each and Every Document from Indian Embassy or have to do Notary from the country they are residing. For the Purpose of ” In person Verification” and have to give validation of a genuineness of a person. Therefore, clients have to comply with KYC Norms.